Keep stoploss at Rs 1850 in Maruti Suzuki: Jitendra Panda

According to, Jitendra Panda, MD & CEO at Peerless Securities, one may keep stoploss at Rs 1850 in Maruti Suzuki.

Jitendra Panda, MD & CEO at Peerless Securities told CNBC-TV18, "In  Maruti Suzuki a lot of things happening and fundamentally also people are very positive about the Celerio. The entry of automatic car could be a big kicker for them."

"People are saying around Rs 2,000 level in the April series and positions are getting built up. You can see actions there, but having said that, you need to keep your stop loss very close to Rs 1,850 level and any trade below Rs 1,840 could see further correction," he added.

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Keep stoploss at Rs 1850 in Maruti Suzuki: Jitendra Panda

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