Buy Maruti Suzuki shares if you want to make money in quick time, say experts
Maruti Suzuki share price is on a roll and may be answering a critical question by investors - how to become rich fast. Maruti shares can hit Rs 8,000 per stock level mark in a fortnight from its current level, say share experts thereby creating a big money-making opportunity.
Maruti Suzuki share price has been scaling after the strong second-quarter results. The auto major rose from Rs 7,000 per stock levels to around Rs 7,665 per share levels and the stock market experts are still bullish in regard to Maruti share price. Maruti Suzuki share price is on a roll and may be answering a critical question by investors - how to become rich fast. According to share market experts, one can buy Maruti Suzuki shares at current market levels for a target of Rs 8,000 in the next two weeks.
Speaking on the Maruti Suzuki share price, Chandan Taparia, Derivative & Technical Analyst at Motilal Oswal said, "Auto stocks are expected to perform well in next fortnight and being auto major Maruti Suzuki share price is expected to further go upward. Stock market investors who failed to cash in on the recent rally in Maruti Suzuki shares can still take a buy position in the auto counter for the target of Rs 7,900 for one and half week perspective." Tapariya advised share market traders to maintain the stop loss at Rs 7,450 levels.
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Prakash Pandey, MD & CEO at Plutus Advisors told investors that, "Maruti Suzuki will hit Rs 8,000 target in a fortnight and I advise those who hold Maruti Suzuki shares to book profit at that levels. For those, who failed to jump on the bandwagon, can wait for some correction of around Rs 100 and take a buy position and book profit at around Rs 8,000 per stock levels."