NIFTY AUTO - short-term uptrend
1. For the swing traders, it's on the short-term uptrend for all auto stock. capitalize it.
2. it may hit in a day and reverse back or in a week based on the rising wedge resistance.
3. Concentrate on M&M, MRF, Maruthi, and TIINDIA for quick running.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
1. For the swing traders, it's on the short-term uptrend for all auto stock. capitalize it.
2. it may hit in a day and reverse back or in a week based on the rising wedge resistance.
3. Concentrate on M&M, MRF, Maruthi, and TIINDIA for quick running.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
Comment:
Actually, It hits the target on weekly candles, hereafter mostly it will go downwards.