Sell on breakdown below 225 for Target- 200
Levels well mentioned on the charts clearly, REMEMBER -This is my personal opinion and does not guarantee any success,do your own research before you actually trade in this stock
Levels are indicated on chart . If you used the chart let me know how it helped
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As per the Auto Index chart, it is consolidating in a downward diagonal channel, but there are companies in auto sector, (industrywise) which may outperform due to their strong fundamentals.
In Automobile Sector - Leading Companies Industrywise
1. AshokLeyland (Commercial Vehicle)
2. Jamna Auto/Automotive Axles (Auto Ancillaries)
3. VSTTractors/ Escorts ...