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Stock suggestions by Gaurav Garg of CapitalVia: Buy Maruti Suzuki, Voltas

The stock of Maruti Suzuki India might show further strength if it moves above 7,620

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The stocks of Maruti Suzuki India and Voltas are sustaining above their important averages

Gaurav Garg Mumbai
Buy Maruti Suzuki India Limited (Above Rs 7,620) 
 
Target: Rs 7,785
 
Stop loss: Rs 7,490
 
The stock is showing signs of reversal from its important support placed at 7,450 levels. It might show further strength if it moves above 7,620. Besides, the automobile stock is also sustaining above its important moving averages. We recommend buying the stock above 7,620 for the target of Rs 7,785, keeping a stop loss at Rs 7,490 on closing basis.

Buy Voltas Limited (Above Rs 823)

Target: Rs 843
 
Stop loss: Rs 808
 
The stock is showing signs of reversal from its important support zone