MARUTI SUZUKI INDIA LTD.Viés de alta
MARUTI - A strong conviction, Buy on Dips chart structure
WHY?
- A meaningful INHS breakout on the monthly chart (Black-line) is sustaining for a long period now, confirming strong medium-term bullishness.
- On the weekly chart Price is protected by a trendline (Green), Below which it only traded in RUSSIA - UKRAINE crisis and still closed above that
- The NSE auto index (CNXAUTO) is also showing medium-term bullishness which will act as sentimental support
- Resistance on the above side (Red) is tested multiple times and the chart can break out at any time in the next few months.
- So keep adding MARUTI near to its weekly support line
Happy Investing
- A meaningful INHS breakout on the monthly chart (Black-line) is sustaining for a long period now, confirming strong medium-term bullishness.
- On the weekly chart Price is protected by a trendline (Green), Below which it only traded in RUSSIA - UKRAINE crisis and still closed above that
- The NSE auto index (CNXAUTO) is also showing medium-term bullishness which will act as sentimental support
- Resistance on the above side (Red) is tested multiple times and the chart can break out at any time in the next few months.
- So keep adding MARUTI near to its weekly support line
Happy Investing
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.