Sandeep Wagle of powermywealth.com advises buying Maruti Suzuki at around Rs 7850-7550.
Sandeep Wagle of powermywealth.com told CNBC-TV18, "Maruti Suzuki has moved up too much and corrections are a part of any normal market and I think that will come. Rs 7,850-7,550 is the range I will look at. Sooner than later, those levels will come. And I would buy it around those levels for a target of Rs 9,200-9,300. My stoploss would be Rs 7,200. This is the view for the next 1-1.5 years."At 14:45 hrs Maruti Suzuki India was quoting at Rs 8,135, down Rs 26.10, or 0.32 percent on the BSE.