Maruti Monthly Inverted Head & Shoulder

Maruti monthly chart clearly shows the formation of an Inverted H&S pattern.

Breakout awaited.

The tgt of a valid brkout, should ideally lead to the stock getting into its All Time High Prices.
But still the previous top will act as a major resistance.

One should take caution at that price levels.
BANKNIFTYChart PatternsInverse Head and ShouldersNIFTYniftyautostockstobuystockstowatchTrend Analysis

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