maruti Suzuki results seems disapponting.
Is this the right time to purchase this share for short to medium term?
Please let me know ur views and charts and fundamentals.
About: Maruti Suzuki India Ltd.
Purely From a Technical point of view.
The High in current rally of Maruti which started in December 2008 was at 1740.The Low was at 446.
50% retracement from current High is at 1093.
Maruti has very strong resistance at 1190.If it closes below this level for more than 5 trading
sessions then it will retest 1093 levels.Below that it can go all the way to 925. ...more