Nifty Auto Index
Long

Automobile Speeds Up: TATAMOTORS & ASHOKLEY on focus

454
  • The auto index is currently experiencing a robust uptrend, consistently forming higher highs and lows.
  • After breaking out of the parallel channel, the index underwent a consolidation phase before recently making a significant breakthrough.
  • This breakout has made the sector highly appealing from an investment standpoint.
  • Keep an eye on these stocks in this sector: Tata Motors, Ashok Leyland

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.