MARUTI RISING WEDGE

Dear All, After a recent sell off in Maruti from 9800 level to 6500 levels.. Post that stock has started moving upwards and made a Rising wedge Pattern on Daily Chart.. We have to Keep Maruti on Watch list for tomorrow. The wedge is not broken yet, So need to watch 7340-7350 range, if broken, then some serious selling can be seen on this counter and the price can retest 6500 levels again ! Charts are attached hereby for your reference.

Cheers Sid

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