Technical Analysis of Indian Equities by Nooresh

Maruti – Trendline and Channel Support. Time to look for a bounce

Maruti

 

Technically the stock can reverse from 1400-1420 band which it touched yesterday and today and bounce to 1475. The major supports are placed at 1370-1380.

A short term trade for a quick jump seems good with small stops.

 

Disclosure: recommended to clients

 

Nooresh Merani

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Article by Nooresh Merani

Nooresh has written 2596 articles.

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