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MARUTI UDYOG technical view, stock bullish above 3350.


MARUTI SUZUKI




  • Stock is holding strong above 3240 its 161.8% fibonacci retracement, chart indicates as long as holds above 3240 bulls will be favored.
  • Stock also moving up from 23.6% fibonacci retracement, bulls will be favored.
  • Maruti also trading above 10 DMA, intraday trades will be favored once maruti breaks 3350, If closes and holds above 3350 then further price rise can be seen. Close Watch.
  • Also See - Nifty futures technical view point with trading levels.

IRB INFR facing its previous top strong resistance


IRB INFRASTRUCTURE




  • Stock facing strong resistance @ 275 (its previous top), chart indicates once stock closes and holds above 275 then further strength is expecting.
  • As per monthly chart, stock is moving up from 23.6% fibonacci retracement support zone, as long as stock holds above short-long term bulls will be favored.
  • If stock closes and holds above 275, then will find next strong resistance around 310 its 161.8% fibonacci retracement. Close Watch.

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