Maruti is approaching the Critical Buy / Bounce level, holding the range of 7210-7230 can show a bounce back & failing to maintain that level can push this stock past to lower more levels from the present situation.
Well, the same technique on this stock gave sell opportunity also back in the 3rd week of Dec, the BLUE oval circle displays the same.
This view can be treated in both ways, one can try to BUY near 7210-7230 levels, or can try to SELL, if it fails to hold the 7210 levels.
Note: Above mention Price projection & other Information are for educational purposes only.
