NIFTY AUTO

NSE

CNXAUTO

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 ...

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.

DOWNFALL STARTED JULY LAST YEAR. LET US SEE WHETHER THE DOWNFALL IS HALTED NOW!

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.

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nifty auto stocks looking good for upcoming days ..accumulate at dips for bounce back

Hi all, CNXAUTO completed corrective structure to the upside opportunity ***Use Proper Risk and Money management Rule if you don't had a one please watch the play don't trade If you have any Question comment below and don't forget check out my other ideas too Thank you for your support --Prabhu Rajarathinam

1- Regression trend line 2- Indicator negative 3- Slowdown is expected to continue for couple of months. as per report Mitul Shah of Reliance Securities . 4- @selfstockanalysis (telegram channel)

Auto Sector the consolidation phase is likely to continue I am looking this current phase will likely to end near 8175 Expect dramatic Move before it makes U turn in the last phase of consolidation One can look for sell on rise Opportunity in Auto Scrips Future segments but for sure buying is not a Good idea

CNX Auto has broken out of long term trendline support followed by lower top lower bottom structure. However, daily and weekly RSI is showing 1-2-3 type positive divergence which means short trap can come into play in short term which may take it to 8200-8400 on the higher side. 7640 is the support on lower side. Overall, it is poised for 6700-6800 till the time...

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follow the mentioned level

The Nifty Auto index was trading 1.17 per cent down at 8487.20 around 09:48 am. Today Market is so cool Steel and Pharma Sector is bullish note but nifty auto index is 1.17 per cent down it's very clear think Tata Motors (down 3.27 per cent), Maruti Suzuki IndiaNSE -1.96 % (down 1.97 per cent) , Motherson Sumi SystemsNSE -2.40 % (down 1.92 per cent) and Apollo...

INDEX WILL FACE SMALL RESISTANCE IN 9200 ZONE. AND WILL MOVE TOWARDS 9310 BEING THE STRONG RESISTANCE.