Maruti
buying levels for Maruti are in the range of 3800-3000 because I'm comparing the ongoing correction with 2008 crisis..that time it corrected almost 70% so starting from peak of 10000, this much correction is warranted. this whole theory will be proven wrong if there's GST cut in auto sector or demand improves exponentially and this probability is minuscule.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.