Things are set in motion for Maruti Suzuki.
Stock is facing some resistance at the top. Some rejection in the red zone.
If pullback kicks in, 200 EMA will be the immediate support for now.
T2 will be the target if there's a pullback, with SL inside/few points above the red zone.
T1 & T3 may be beneficial in the future for taking support.
The trade will be eliminated if there's a gap up opening, but the idea remains the same.
Telegram Channel - sarthak_singh
Happy Trading :)
If pullback kicks in, 200 EMA will be the immediate support for now.
T2 will be the target if there's a pullback, with SL inside/few points above the red zone.
T1 & T3 may be beneficial in the future for taking support.
The trade will be eliminated if there's a gap up opening, but the idea remains the same.
Telegram Channel - sarthak_singh
Happy Trading :)
Feragatname
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