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The Relative Strength Index of the stock stood at 33.57 on Wednesday.

The stock quoted a 52-week high of Rs 6520.0 and a 52-week low of Rs 3733.25.

In the NSE list of stocks with a market cap of over Rs 250 crore, four stocks crossed their previous five-year high value at the close on January 24. >> For more such web stories click on the ET icon below

​​Maruti Suzuki India, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 265159.84 Crore) operating in Auto sector.

“The 18200 Nifty has become a major resistance level which is keeping the Nifty in the narrow band of 17800-18200. Now, it appears that a major trigger is necessary to break this range either on the upside or the downside,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.

India VIX was down by 0.28% from 14.08 to 13.40 levels on Tuesday. Volatility has been hovering at lower levels from the last nine weeks and supporting the bulls to hold the overall command.

The selection of stocks, which is done using a Python code, begins with forensic screening and looking for companies with low leverage and consistent profitability. The portfolio combines uncorrelated factors like quality and value to lower downside risk.

Morgan Stanley maintained an overweight rating on Maruti Suzuki post December quarter results with a target of Rs 10,483.

Sun TV Network, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 18675.67 Crore) operating in Media & Entertainment sector.

On the technical charts, the RSI of the stock stood at 45.32.