Hold Maruti Suzuki, may touch Rs 3600: Akshata Deshmukh

Akshata Deshmukh, Chief Strategist-Trading at Networth Stock Broking told CNBC-TV18, "Maruti Suzuki India is one of the strongest performing stocks from the index slated to go to about Rs 3500. The stock might consolidate for a while now between Rs 2800-3000 kind of range. It is topping out on the weekly charts but the Ciaz bookings have been very strong and the sales numbers overall have been very strong.”

“Post a brief consolidation I think the stock should again resume its uptrend and Rs 3500-3600 is what one can expect within next eight-ten months or may be at best a year or so. So definitely it is a strong, must have in ones portfolio, I would recommend to hold on,” she added.