Maruti Suzuki holding its technical breakout of Inverted H&S with a delta of neckline is 3000 points. Suggest Suzuki likely to reach 13000 levels in Mid to long term.
Backed by positive brokers report “Morgan Stanley gives overweight call on Maruti, says business is turning around on expected lines. SUV mkt share gains, mix improvement & vol recovery are now visible” reaching the levels are likely