Maruti Suzuki India Limited - Ascending Triangle Breakout

Updated
๐Ÿ“Š Script: MARUTI (MARUTI SUZUKI INDIA LIMITED)
๐Ÿ“Š Nifty50 Stock: YES
๐Ÿ“Š Sectoral Index: NIFTY AUTO / NIFTY500 / NIFTY
๐Ÿ“Š Sector: Automobile and Auto Components
๐Ÿ“Š Industry: Passenger Cars & Utility Vehicles

DAILY TIMEFRAME
snapshot

Key highlights: ๐Ÿ’กโšก

๐Ÿ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
๐Ÿ“ˆ MACD is giving crossover.
๐Ÿ“ˆ Already Crossover in Double Moving Averages.
๐Ÿ“ˆ Script is giving Ascending Triangle Breakout as mention is chart.
๐Ÿ“ˆ Script is trading at resistance level which is around 9280, technically script is looking good for trade.
๐Ÿ“ˆ Current RSI is around 66.
๐Ÿ“ˆ One can go for Swing Trade.

โฑ๏ธ C.M.P ๐Ÿ“‘๐Ÿ’ฐ- 9280
๐ŸŸข Target ๐ŸŽฏ๐Ÿ† - 9733
โš ๏ธ Stoploss โ˜ ๏ธ๐Ÿšซ - 9053

โš ๏ธ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Trade closed: stop reached
STOPLOSS HIT ON 26TH SEP
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