NeeteshJain

Automobile Sector - Leading and Outperforming Companies (3)

NSE:CNXAUTO   NIFTY AUTO
As per the Auto Index chart, it is consolidating in a downward diagonal channel, but there are companies in auto sector, (industrywise) which may outperform due to their strong fundamentals.

In Automobile Sector - Leading Companies Industrywise

1. AshokLeyland (Commercial Vehicle)

2. Jamna Auto/Automotive Axles (Auto Ancillaries)

3. VSTTractors/ Escorts (Tractors)

4. Maruti (Cars)

5. Eicher Motors /Hero Motorcorp (Motorcycles)

They above listed have consistent profits, good growth and almost no debt.
see I told you its coming down , and it came down
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NeeteshJain I-Fund-Trader
@I-Fund-Trader, Thanks for sharing your views but I posted the Auto Sector chart to display all good companies in the sector that can outperform in this year.
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its coming down , No Questions in my mind its an sell on rise opportunity , its coming to 7400
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