Tuesday, August 21, 2018

Maruti wave analysis

Maruti is still consolidating and the pattern is evolving.
In my last post Maruti wave analysis .I had posted about 
the level of 8900 which has still not come .

The stock has still potential for 8900 which is 61.8% retrace of the 5 up impulse .Also the lower trendline of wedge.If the expected fall eludes we have a option of buying above 9230.
the level above break of wedge .Lets see how the stock moves further.The pattern is in advanced stage make or break soon. 


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