MARUTI - Price Action Analysis

Updated
MARUTI is Showing Bullish Multi month Breakout and Harmonic Butterfly pattern with target 8500 -9200 .
Although it might be consolidate at the range of 7650-7800 if It break the level of 7800 and sustain above higher chance the momentum will come and the Harmonic Pattern will activates and you will see T1 and T2 as well.
Suppose it will not sustain and break the below level 7650 you might take chance of short as well.
Note : Depend on Overall Market behavior and risk apatite you can take chance for favorable risk and reward.
Trade active
T1 : 8555 ACHIEVED.
Bullish PatternsChart PatternsFundamental AnalysisHarmonic PatternsMARUTImarutisuzukimultimonthbreakoutniftyautopriceactionanalysis

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