Maruti Stock Swing Trading

Maruti Stock Swing Trading

Last time when we covered this stock in Jan 2019, it gave us a downside profit move of around 9%, within a week time.

Maruti Stock Swing Trading

The stock has now reached the optimal level, where it can again witness long position build up. There are some vital early signs from weekly charts also, but that needs some more 'Time' & 'Energy' for turning the trend.

Till stock is holding above 6782 levels is looking good & can again show an up move towards the level of 7100/7300. Any close below 6782 will add further selling pressure & stock can again visit lower level till 6550.

Note: Above mention price projection & other Information are for educational purpose only.

About the author

Divesh Jotwani is a full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day-in and-out markets.