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CNX AUTO | 4 Yr C&H Formation awaiting BO | Potential 70%
Nifty Auto Index
Long
CNX AUTO | 4 Yr C&H Formation awaiting BO | Potential 70%
By manuvsingh
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Jan 24, 2022
1
Jan 24, 2022
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
alltimehigh
chaukhambha_charts
CNXAUTO
Cup And Handle
cupandhandlepattern
Fibonacci
goldencrossover
multiyearbreakout
Support and Resistance
manuvsingh
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