Maruti can be accumulated in cash

Nifty auto index is stong

has sustain this week gap up and weekly gap up are imprtant

preempting : maruti has fallen from upside channel high and has taken support on fibonacci 61.8% level which is very important
now on weekly basis formed bullish candle and now if weekly close is double doji then its good signal to go long in cash
confirmation above 8529 weekly close basis
sl 8230 weekly closing basis
target 1) 8712
target 2) 9122

market are volatile
buy right sit tight
keep position sizing in check

Commento:

target 1 achieved 8712
make high of 9030
closing trade market volatile
missed second target by 100 point

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