Buy Maruti into the counter closer to 1200-1100: Fayeza Hafizee
I would buy into the counter closer to 1200-1100 with 1180 being a stop loss for now and look to trade it in a range of 1200 to 1275.
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| In a chat with ET Now, Fayeza Hafizee, Vice President, Institutional SalesIntime Spectrum Securities Ltd, talks about Maruti stocks.
What is the call on Maruti?
The stock is actually split out of investors' interest for now and I do not see much happening. I would imagine it would keep trading in a range for now at least till the next quarter results which are about 2 to 3 months away. Given that, I would buy into the counter closer to 1200-1100 with 1180 being a stop loss for now and look to trade it in a range of 1200 to 1275.
What is the call on Maruti?
The stock is actually split out of investors' interest for now and I do not see much happening. I would imagine it would keep trading in a range for now at least till the next quarter results which are about 2 to 3 months away. Given that, I would buy into the counter closer to 1200-1100 with 1180 being a stop loss for now and look to trade it in a range of 1200 to 1275.
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