Maruti Suzuki NSE:MARUTI witnessed stiff resistance around 9100 levels today and closed even below 9000.
I can see that the stock was pushed down after retracing 76.4% of the previous downmove and has also formed an Evening Star pattern.
Good opportunity to short here with a small stop loss for a target in the 8500-8600 zone.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.