Intraday set up 1 - Maruti EMAs + S/R + Trendline breakdown?

60 MINS 200 EMA @ 7460
SELL IF THE ZONE IS broken with selling volume.

If 7545 is broken with volume, we will see more upside.

The Indicator Used:
1) Support/Resistance Levels are marked on the charts
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.

3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence

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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)

HAPPY TRADING!!!

Trade geschlossen: Ziel wurde erreicht:

Went long as the stock had a upside breakout