Technically MARUTI is breaking out of a longterm wedge pattern.
Fundamentally, there's a long waiting list for booked customers. While this is applicable for all automakers, Maruti has upgrades lined up for Baleno, Brezza and also hinted at new launches that would rival the hot Creta and Thar.
Forcemot seems to be pushing upwards, trying to make fresh highs. Not sure if its a mere technical play or something deeper as management philosophy change, the new stunning Gurkha or just simple increased demand. Neverthless promising BUY above 1710
