Struggling to sustain above 9500 Levels and facing Resistance at 9500.
Although Today Volumes were good in stock.
The moment it will break 9500 levels It will jump towards 9700-9800 levels.
Also Maruti has increased prices of its vehicles.
The domestic car sales, however, declined marginally to 1,58,326 units as against 1,58,617 units in December 2016, according to the data released by the Society of Indian Automobile Manufacturers (SIAM).
Few Recent Event related to Maruti.(Short term effect)
You can hold your position for not more than 3-4 Trading sessions if it not Goes in your favour.
As Expiry will come Near it will affect your Option Premium.
Although, You can also cover this by taking Counter Positions to cover your Loss And make it Neutral or Profitable.