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Maruti Suzuki India Limited - Ascending Triangle Breakout

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📊 Script: MARUTI (MARUTI SUZUKI INDIA LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY AUTO / NIFTY500 / NIFTY
📊 Sector: Automobile and Auto Components
📊 Industry: Passenger Cars & Utility Vehicles

DAILY TIMEFRAME

Key highlights: 💡⚡

📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Already Crossover in Double Moving Averages.
📈 Script is giving Ascending Triangle Breakout as mention is chart.
📈 Script is trading at resistance level which is around 9280, technically script is looking good for trade.
📈 Current RSI is around 66.
📈 One can go for Swing Trade.

⏱️ C.M.P 📑💰- 9280
🟢 Target 🎯🏆 - 9733
⚠️ Stoploss ☠️🚫 - 9053

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Happy learning with trading. Cheers!🥂

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