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Nifty Auto Index
Long

CNX AUTO | 4 Yr C&H Formation awaiting BO | Potential 70%

By manuvsingh
CNXAUTO

NIFTY AUTO INDEX in CUP & HANDLE Formation.

Awaiting Breakout above 12050 on Weekly Closing Basis.
This is the Resistance not broken since 2017.

Once Breakout happens after 4 years, it would open path for
New Targets : 14000 - 16600 - 19500

Buy AUTO ETF

SL: 9950

Golden Crossover & rising weekly RSI

Link to Charts of Auto Ancillaries shared recently
alltimehighchaukhambha_chartsCNXAUTOCup And HandlecupandhandlepatternFibonaccigoldencrossovermultiyearbreakoutSupport and Resistance
manuvsingh
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