Tuesday, October 10, 2006

MARUTI 952.50
WAITING TO MOVE ABOVE OR BELOW 991-902




This stock is caught in the middle of nowhere. Where is it seeing the road a 1000 or back to 900. Still fuel left in its petrol tank. Above 991 it target the level 1045 and even 1100 and below 900 it takes support at 825. 825 is the level where the 200dma is placed, and even 100dma is also placed there. If it test the level then its best buy as far Technical is concerend. The upper band of BB is showing pretty flat which i feel it wont go far beyond the 978-991 mark for time being.