According to Ambareesh Baliga, Independent Market Expert, Maruti Suzuki is a good trading pick.
"I don’t see Maruti Suzuki going from here to possibly Rs 6,500-7,000. So, from that point of view, it doesn’t make sense to buy, it as a fundamental pick unless you need to have that in your portfolio for much longer term. However, from an 18 month perspective, I don’t see more of a move from here but I think it is a great trading stock."
"So, whenever there is an adverse news, it falls about 8-9 percent, that is the time to buy and exit about 10 percent higher. I think that is the sort of a game which is there in Maruti, we have seen that especially in the last six to eight months," he added.