Kaustubh
Short

CNXAUTO not looking good

NSE:CNXAUTO   NIFTY AUTO
Auto sector in India has been a stellar             performer for last few years.
Its performance is catching up though. In general the Indian market looks ripe for a correction and in general the hardest bull is usually the hardest bear.
CNXAUTO             has just broken though the trend channel. Individual stocks in the sector exhibit similar trait. I small bump up would be an ideal opportunity to go short on this sector in general.
Specifically, maruti             , apollotyres, tvsmotor             etc.
A lot of of quick money to be had here.

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