maruti broke important structure few days back (trend line) after that continuously trading lower low lower high despite nifty going up.
also maruti is at important support level i.e 7160-7180 zone.
once it break 7150 zone i expect maruti to slide towards 7026/6760.
in weekly time frame 6750 zone is crucial support zone. break of that shall lead maruti to test 200 wma.
also maruti is at important support level i.e 7160-7180 zone.
once it break 7150 zone i expect maruti to slide towards 7026/6760.
in weekly time frame 6750 zone is crucial support zone. break of that shall lead maruti to test 200 wma.
הערה:
h&s target completed
KA