Long

#Marauti Suzuki # Flag and Pennant Pattern

Nifty auto is making is Flag and Pennant pattern at the top (resistance)

*If it given a breakout, we can see a good rally.

*Weightage of M&M , Maruti and Tata in Nifty Auto is 21, 19, 13 respectively.

*If CNX Auto has to move, definitely M&M, Maruti and Tata will move.

*In the mean time Marauti Suzuki has also made a flag and pennant pattern.

* Do keep on radar. For educational purpose only.

amitcsf

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