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Ajai Kamath posted an update 7 years, 6 months ago
Today (26-10-2016) Maruti stock has reached it all time price at 5898 gained with VPR (Volume, Price & Relative) Strength = 52.58, 33.17 & 194.06. There has be consecutive gain for third day with breakout gap up, possible because of the good results and potential to grow in festive season. Both bolliger band and 21 MA suggest a very good signal of bull. Currently the stock is over bought as per RSI, however the strength of this stock has not seen below 55 RSI, so any dips with below 70 RSI can be considered as buying opportunity.