NiftyAnalysis

CNX AUTO sentiment

NSE:CNXAUTO   Nifty Auto Index
CNX auto continues the rally and aims at the 18860-19000 mark to make the new all-time-high.
Immediate resistance at 18719.50 which was the latest high made on 29th Dec'23
We can see a small divergence at the current level, indicating the possibility of a price fall.
Hence any bullish new entries are advisable once the price validates the breakout of the last high made at 19719.50
Trade closed: target reached

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