BUY MARUTI ABOVE 7460 TGT 7520/7550 SL 7400
Primary
trend of the MARUTI is bullish and after
giving breakout of its range bound movement, it is forming continuation pattern
in short term charts, it is likely to continue the positive movement with the
breakout of the pattern at the levels of 7500 ; as the stock is managing to
trade above its 22& 50 and 200 days moving averages with the RSI of 68, one
may expect the targets of 7520/7550 in the stock if it manages to sustain above
the immediate support level of 7400.
DAILY CHART FOR MARUTI
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