Nifty Auto sector breakdown Possible , Indian Stock25150 below auto sector breakdown if 24800 below sustain 24500/24000 will be next support levelShortby Equity_Research_Analyst-021
AUTO SECTOR - Breakout - Retest & BOOM!Price Analysis & Overview: 1. Nifty Auto Index is in it's dream bull run after it broke the ATH resistance levels. 2. At current scenarios, price might continue to move higher towards the marked green lines or consolidate/correct towards EMA and then continue the run again. 3. RSI showing signs ofby SuperNova39618
NIFTY AUTO DAILY.Nifty Auto retesting the breakout on Daily TF. Taking support from the levels. Stocks like Hero Motorcorp, Tata Motors, etc. are in good uptrend. Although, Tata Motors fell 8% today because of Q4 results it posted on Friday. But still the other stocks gave good recovery from lower levels in the indLongby vivekkagarwal1
CNX AUTO sentimentCNX auto continues the rally and aims at the 18860-19000 mark to make the new all-time-high. Immediate resistance at 18719.50 which was the latest high made on 29th Dec'23 We can see a small divergence at the current level, indicating the possibility of a price fall. Hence any bullish new entries arby NiftyAnalysisUpdated 1
Nifty Auto Index - Nifty Auto looks all set for a retracement - Stay cautious before you want to accumulate stocks for long - I would still recommend sitting cash Shortby VKtradesimbalance1
CNX AUTO IS SECTOR TO SHORTCNX AUTO setting up with toppish formation with bearish divergence on leading indicator. Good distribution happening in most of the stocks at higher levelsShortby winnersgame0
Nifty Auto Sector Chart Setup - Calling out for a huge drop before these CHARTLATANS trap you at the top. - The trend looks quite faded now, I think from an investment perspective you can start staying cash more. - If you have bought the top keep your exposure less or else this will Shortby VKtradesimbalance0
NIFTY AUTO Sector Analysis (1W TF) - 16th December 2023#NIFTYAUTO Sector Analysis (1W TF) Pattern: ASCENDING CHANNEL PATTERN - If it breaks the Resistance zone then it could be expected to move to the top of the channel trendline #stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindiaby TradeRyteStockz1
NIFTY Auto Index - Head n Shoulder patternNifty Auto sector has been in up trend for few months now. We can see a head and shoulder pattern in making on the Nifty Auto Index which is trend reversal pattern. Looks like it is time to be cautious on Auto stocks. Levels: 17650 crucial support for Auto Index. An hourly close below this level caShortby skandha1986Updated 3
Diverging since 30th Nov: CNXAUTOI was taking a look at the ratio charts of sectoral indices to identify which sector though is going up but in relative terms is slowing down. The one that looked the cleanest is that of CNXAUTO. 1. On the LHS, we have the daily chart of CNXAUTO and on RHS a ratio chart of the AUTO index with CNX50by Abhijit_Paul2