[Premium] Trade Of The Week
September 20, 2022
Maruti Suzuki is the second largest Nifty Auto constituent. Unlike major Auto stocks, it's yet to move above the key 2018 highs.
Last week it had a confirmed breakout above the multi months base, as it printed a new four-year high with strong momentum. We are bullish above the risk management level of 9,050, with the first target near 9,800.
Click on the chart to zoom in.
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Allstarcharts Team