Hello Every1,
Maruti has made a wonderful Pattern i.e., 3 Drive Pattern..seems like the stock is stretched on Price.
Even if u see the time of upward and downward movement !! Price try to test new high in almost same time frame but fall is much steeper at an almost same time !!
Be Cautious on long !!
Attached is Chart for your reference !!
Trade Setup is selling below 8175 Target 7400 SL 8380
Regards
Sid
Learning here – 3 Drive pattern and wolf wave !!
Disclaimer
I’m not a SEBI Registered Investment Advisor. Above Views are only for Educational Purpose. Equity, Commodity & Currency Trading has large potential rewards, but also Large Potential Risk. You must be aware of the risk and willing to accept them in order to invest in the markets. Don’t trade with the money you can’t afford to lose. This page is neither a solicitation nor an offer to acquire/sell any script. Please consult your financial advisor to take appropriate investments as per your risk profile. The past performance of any investments is not an indication for future returns.
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