MARUTI Zooming Breakout Trade

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After years of consolidation Maruti has done a wonderful breakout.

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تم فتح الصفقة

TRADE: Entered Half risk @10350 with SL @9300.

REASON TO TRADE: Stock broke out of consolidation from SEPT 2016 to SEPT 2023 range of 4000-10000. This means there is demand of the same and share has potential to go higher.

DEFINED SL@ 9300 on a Daily closing basis.

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ملاحظة

TRADE: Added another half risk @11400 DL 9800

REASON FOR TRADE: After another round of breakout which indicates demand its highly like for the stock to the upward flight.

DEFINED SL@ 9800 for full quantity on a Daily closing basis.

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تم فتح الصفقة

SL TRAIL @ 11000 on a daily closing basis.

٨ أبريل ٢٠٢٤

تم فتح الصفقة

TRADE: Added another half risk @12850 SL 12300

REASON FOR TRADE: After another round of breakout which indicates demand its highly like for the stock to the upward flight.

DEFINED SL@12300 for this quantity on a Daily closing basis.