Buy Maruti Suzuki on Declines: Rajat Bose, rajatkbose.com

In a chat with ET Now, Rajat Bose, rajatkbose.com, shares his views about Maruti Suzuki.

ET Now: What is your call on the auto stocks, we are seeing Maruti Suzuki and Tata Motors both under pressure today?

Rajat Bose: Maruti was under pressure even in the recent past. So long as it sustains above 1330, I do not think Maruti has any major problem as such. But going below 1330, it would cause some bit of problems. On the upside also, if you look at the stocks performance, 1365 to about 1390 is a strong supply zone for Maruti. Overall, I tend to think that at lower levels on declines both Tata Motors and Maruti Suzuki could be bought.