Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Automotive Sector Index as a whole coming back into the fold, it is eventually moving towards 9000-9500 in next 4-6 months..
I am looking this as corrective structure , we call it as secondary correction to primary downward trend , This move will be slow and mostly looks like a choppy on daily , but the move is going to occur in coming day One can look for positioning them self for trading in this corrective structures
Now the Auto Segment have come to an pause on daily time frame basis its been Quite a move towards down ward , One can look for an consolidations phase in the Auto segment You will observe they might enter in side way pattern or , partially range bond moves Try to trade with in the range bond move in Future trading , I have plotted one of the best...
When sector looming on its bottom line , the returns wouldnt be great in next couple of quarters even if it bottom out. i thought 7500 but went down all the way to 7000. i shifted my support lower which indeed turns out to be good.
CNX auto signs of reversal with trend base Fib;Ext used refer chart for more details
NIFTYAUTO index has been on a downtrend traversing through key supports. Now 7000 seems to be the support of last resort for the index. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not...
When such negativity surrounds, thats when bottoms are formed. i still bottom could be near, but unless it happens, it has not happened.
Positive Divergence is seen on Daily Chart of CNXAUTO. Could this be a relief in the auto sector? Maybe Yes? or Maybe Not? I searched on google about RSI Divergence(s) before posting this as my charts are generally based on Harmonics and I don't know about divergences or general technical analysis that much. This is on a Daily Timeframe so can be seen as a...
NSE:CNXAUTO CNX Auto may show some sort coverning for today expiry Buy Tatamotor and TVS Motor with call put
A bottom in the making !! will vouch. i think its going to be slow and painful , but worth it.