Maruti MARUTI has again been rejected at the long therm downward sloping trendline.
Also, Friday's large Bearish candle erased all of Thursday's gains and looks like there is a formation of an Evening Star like pattern.
The stock may reach earlier support levels of 6700 and 6500.
Good to short here with stop just above the trendline.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
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