MARUTI - AUTO MOMENTUM
In continuous of my previous idea on Maruti, where it failed to gain momentum on upside. Finally a bullish momentum is indicating on Moving Average Convergence Divergence <MACD>. Crossovers are more reliable when they conform to the prevailing trend. If the MACD crosses above its signal line following a brief correction within a longer-term uptrend, it qualifies as bullish confirmation. One can go long for a price target of 9200 in the near term of 1-2 months.
DISCLAIMER - I AM NOT A FINANCIAL ADVISOR , ITS JUST AN VIEW AND NOT AN ADVISE.
DISCLAIMER - I AM NOT A FINANCIAL ADVISOR , ITS JUST AN VIEW AND NOT AN ADVISE.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.