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|Maruti Suzuki – Updated For – 09th October 2018|
Maruti Suzuki technical chart indicates that stock is trading in oversold zone and can bounce back. Close watch once Maruti breaks and holds above its resistance zone @ 6990 then inraday buying expecting. If holds above then Maruti Suzuki share price target around 7100
Stock was on news – Osamu Suzuki, chairman of Suzuki Motor Corporation, spoke at the MOVE Summit in New Delhi and revealed that Maruti Suzuki India would start road-testing 50 EV prototypes. Just over a month since, the company has now confirmed that it has flagged off its prototype electric vehicles for field testing. This project is in line with the company’s plan to introduce an electric vehicle in the Indian market by 2020.
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