Jay Bharat Maruti Limited
ロング

Buy for the target of 99.50/100

290
Technical Analysis (SMC Method) :

=> Uptrend - The price is trading in above 200 EMA
=> Demand Zone (OB) formed with impulse move & BOS
=? Demand Zone mitigation done properly
=? After mitigation, the character was changed to move further
upside, which is confirmed by forming again BOS
=> Target & SL mentioned

Everything clearly drawn in chart. I hope that other users can understand easily.

Based on the above analysis on 4H chart, suggest buy for the target of 99.50/100

-- EDUCATIONAL PURPOSE ONLY --

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