[Premium] Trade Of The Week

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