Alert:Maruti on Edge as Lower Highs Signal Looming Support break
When a stock 📉 consistently makes lower highs, it signals a weakening trend, with sellers taking control. Maruti is at major support suggests a critical level where the stock might break down further, potentially accelerating the decline 🚨. Investors watch these levels closely for exit signals, as breaking support can lead to sharp price drops 📉, driven by increased selling pressure and waning confidence in the stock's prospects. However, it may also bounce bank to make another lower low, continuing the bearish trend.
Daily close above 12500 is the key level to watch as it will tell us where the stock is headed.
Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
Daily close above 12500 is the key level to watch as it will tell us where the stock is headed.
Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.