MARUTI created breakout gap with good volume in trending area
, , MARUTI
, , MARUTI
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Dear sir
The data are for and against the trade in this attractive context.The candle (a variation of doji ) is gaped up in the existing bull trend and that too at year high creates doubt about the continuity of the bull strength.Volume is adequate. .Delivery vol is only 37%.Regarding indicators MACD is for but BB is against the up move.