The auto index is showing exhaustion, which means the auto stock may take a pause here. so if you have auto space stocks in your portfolio keep a watch on them and do a re-analysis of the stocks. closing below the horizontal line may reverse the trend of the index.
Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit and loss
Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit and loss
Trade closed manually:
Rejected the analysis so stopped carry further this analysis.