BUY MARUTI ABOVE 8255 TGT 8300/8350 SL 8180
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 8255 ; 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 8300/8350 in the stock if it manages to sustain above the immediate support level of 8200.
DAILY CHART FOR MARUTI
DAILY CHART FOR MARUTI