NIFTY has been moving in the channel shown, respecting the trend line both ways. There could potentially be a fall before we move higher once again. BUT, NIFTY is taking great support @15040 levels which needs to be respected. NIFTY has also been testing the resistance @ 15130-15140 levels which happens to be the top of the trend line. Watch the price action carefully.
Maruti has been in a range, making moves on both sides. But, 6400-6500 remains strong support for Maruti. A breakdown on the downside could trigger a selloff. Conversly, if taking support on 6420-6400 , we can witness a small upside in Maruti.
Wait for a volume confirmation to achieve a strong target of 600+ points.