Hello,
Maruti stock is trading in monthly time zone and clearly is in downtrend with making higher high and higher low and recently its decisively break the monthly support and took the rest at daily support range. now it will retrace till the monthly support zone and monthly support zone will react as a resistance for the retrenchment . after that it will continues his downtrend.
Will make the position after the rejection at monthly support. Will see how it works.. This can be our swing trade ..
Regards,
Satish
Maruti stock is trading in monthly time zone and clearly is in downtrend with making higher high and higher low and recently its decisively break the monthly support and took the rest at daily support range. now it will retrace till the monthly support zone and monthly support zone will react as a resistance for the retrenchment . after that it will continues his downtrend.
Will make the position after the rejection at monthly support. Will see how it works.. This can be our swing trade ..
Regards,
Satish
Nota
Correction :- typo its lower high and lower low
Trade chiuso: obiettivo raggiunto
Target reached in Maruti ... Closed position
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.