Maruti Suzuki India Ltd - 07.01.2022

Maruti Suzuki India Ltd - 07.01.2022

The stock is trading @ 7906 levels

The prices are above EMA

There is a Head & Shoulders Candle Formation in Monthly Chart with a neckline @ 7500 levels

There is a SPINNING TOP in daily chart

Stochastic is overbought in Daily Chart

RSI is overbought in Hourly Chart

Watch out for the price action