1. I am bullish on the prospects of Maruti ; but when I say so does not mean to immediately catch the stock in the falling market. Have patience and see the stock testing support at Rs 694 and resistance at Rs 732.
2. The positives for the stock is that its brand new models Dezire and Swift have become a rage in country and orders are booked till Oct,2008.
3. The negative aspect is the rising oil import bill which will have impact on auto pack; however considering pros and cons; one can invest in stock with 1-2 year potential as the stock is the best bet in auto pack and one will get good returns.
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2. The positives for the stock is that its brand new models Dezire and Swift have become a rage in country and orders are booked till Oct,2008.
3. The negative aspect is the rising oil import bill which will have impact on auto pack; however considering pros and cons; one can invest in stock with 1-2 year potential as the stock is the best bet in auto pack and one will get good returns.
Subscribe Here to Get Free Millionaire Potential Stocks in Your Email Inbox Free Of Cost.
