 |
| Maruti Weekly |
The stock may reach for lower levels at Rs. 3,550 - Rs. 3,600 with the trigger line crossing below the zero line on the TTO monthly chart, indicating a prolonged bearish phase.
This may be surprising as with the crude trading at the lowest levels in a decade, the auto stocks ought to have performed well.
 |
| Maruti Monthly |
We had in our post as early as October 1, 2015 indicated the possibility of Maruti topping out at Rs. 4,700 levels.
