Bearish divergence spotted on 30 min frame...we can short after it breaks 200ema on 30 min frame.Targets are mentioned in the chart itself.
Trading near ATH with strong phase, continues green on 4th week. Look at the Auto shares Hero yesterday gives 100 points. Now one can look for the auto shares and check if the trend is long then start investing small quantity of shares.
CNX Auto is at a very good place at the moment. Look at the Higher lows being formed from September 2020. Once we breakout of the resistance, Auto and Auto Ancillary stocks will have a huge run.
Nifty Auto Nifty Auto sector ready blast mode 2022 starting when break mention all level confirmation next next level as be also mention Nifty Auto all time high target important confirmation for break previous all time high next ongoing rally blast of year 2022
NIFTY AUTO (CNXAUTO) looks good above 12052 good till 20000 weak below 9700 (CMP: 11355)
This stock has recently done breakout in daily time frame with good intensity of volume, and it looks like new impulse as a wave 3 has been started, as wave 3 unfolds we can see this stock at 4000 - 4200 levels, on down side 3830 is a crucial support which is 20 sma mid bollinger band and coincide 40 day ema, both are around same levels to watch out for....
Nifty Auto is in parallel channel past 17 year and above 12110 monthly closing BO would be clear for bullish upmove
Maruti, after consolidation phase of wave 2, this stock has given breakout from resistance trendline along with good intensity of volume, with upper bbc in both weekly and daily time frames, wave structure suggests that wave 1 and 2 has been completed and now wave 3 has been started, as wave 3 unfolds price can show the bigger levels of all time high in this...
NIFTY AUTO Forming inverted head and shoulder pattern in daily timeframe. Bullish Stocks in Auto sector: 1.M&M 2.Mothersonsumi 3.Bajajauto 4.Bharatforg 5.Amarajabat
Watch Auto stocks which are about to break as the CNX Auto is ready to break.
Opportunity for Swing. 1. Since we can see that the price is approaching its previous demand zone, There is an opportunity for going long. 2. CNX NIFTY is aligning with the overall demand zone with maruti. 3. Entry for long after trend reversal around 4H.
Price at triangle support and it is good to add Auto stocks to your watch list.
Enter with proper risk to reward ratio. follow @prmshwrn to know more trends
#ASHOKLEY (D):- 132.8 CMP, Looks good for more upsides :) 1) Breakout Done :) 2) Volume Breakout
BAJAJ AUTO is maintaining its uptrend structure by continuously making higher lows. It ahs completed a pullback to its 20 EMA and has closed with a positive candle today and decent volume. Keep watch on it for upward continuation, target would be achieved if it breaks above 4300 on a closing basis. Initiate trade only when price sustains above 4200 for at least 15...