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MARUTI Share Price Discussion

Maruti Suzuki India Ltd.
Sector: Auto
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levels in MARUTI
Level 1 - buy abv 5925 for 5945 5965 5985
Level 2 - sel blw 5840 for 5820 5800 5780
sl 50 points in both
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Exit level 1
Cmp 5910
750 loss

Those who are still in buy
Can book profit 6525
Recent posts in MARUTI
This week in Auto: Maruti Suzuki lays off 3,000 workers; Bajaj Pulsar going the Discover way?
Here is a look at all the major headlines in the automotive space this week
www.moneycontrol.com
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Over 3,000 temporary jobs cut due to slowdown: Maruti Suzuki
Bhargava was responding to a query on whether the current slump and production cuts have led to job cuts in Maruti.
moneycontrol.com
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An evening walk down D-St: Sensex, Nifty end marginally higher; Yes Bank jumps 4%
In sync with Sensex, BSE Midcap and Smallcap indices edged up by 0.10 percent and 0.11 percent up, respectively.
www.moneycontrol.com
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Auto Sales: Maruti’s RC Bhargava sends an SOS
According to sectoral experts, the lack of liquidity from NBFCs (non banking financial companies) is one of the key reasons behind the auto slowdown. On top of it, banks demanding 25 percent collateral for inventory financing has also impacted dealers majorly.
moneycontrol.com
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Volkswagen finalises 3-prong India strategy, overhauls retail set up
Volkswagen is overhauling its retail set up, especially those targeted at the non-metro buyers
moneycontrol.com
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BUY MARUTI ABOVE 5882,,,SL URS,,, TGT OPEN
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