there is a formation of bullish engulfing pattern in Maruti Suzuki on the weekly time frame if auto sector gets some boom it will definitely gonna reverse from its support we need to continuously check the auto sector performance made vulnerable because of CORONA and keep an eye at MARUTI SUZUKI and if it shows some correction then 50MA gonna cross 200MA which would give Golden-CrossOver then it is must-have position stock for swing trade but for now, volumes are not satisfactory for having any long position lets wait for few more weeks
評論:
it also broke its continuous downtrend line on daily and weekly time frame but not with satisfactory volume #STAYSAFE #HAPPYTRADING