Wealthpedia

Maruti Ltd : Going down as I anticipated

NSE:MARUTI   MARUTI SUZUKI IND
Bearish Head & Shoulder indicating downward trend.
There was already a bearish triangle pattern i found last week and now this bearish head and shoulder pattern is confirming down trend.

One can short Maruti for a target of ₹ 5800 with a stop loss of 6800

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