Siddarth Bhamre of Angel Broking told CNBC-TV18, "Huge trade happened in Maruti Suzuki yesterday and we saw that in Option segment there was quite a build up, 4,700-4,800 Calls were active and looking at the overall structure of the stock, I do not think Maruti is going above the resistances of Rs 4700-4800 any time soon. This stock is a sell on rise for us and this is a contra bet." At 10:54 hrs Maruti Suzuki India was quoting at Rs 4,571.15, down Rs 5.55, or 0.12 percent. It has touched an intraday high of Rs 4,620.00 and an intraday low of Rs 4,557.40.
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