CNXAUTO trade ideas
THE RELATIVE STRENGTH OF NIFTY AUTOThis is Post 4 out of 7 in an exploration of an investment strategy known as top-down investing.
This comparative chart showcases the relative strength of all of the companies that the NIFTY AUTO Index comprises as of 15th June 2021.
Here, I am looking to identify the companies/stocks that are outperforming/leading the index.
Bearish Nifty Auto sector Clear bearish diversion . Possible Short opportunities Intraday .
## This is not investment advise but my personal views for my own consumption . Trying to learn things . Trade at your own risk post talking to your financial consultant and parents . Stay Safe !!
Nifty Auto - Big Theme for Short Term GainsNSE:TVSMOTOR Nifty Auto is next big theme for us now. it will be on radar for short term gains NSE:CNXAUTO NSE:BAJAJ_AUTO NSE:TATAMOTORS NSE:ASHOKLEY
Nifty Auto Reversal ???Auto Index Perfectly Retraced
Buy With Strict SL Of 9300 (WCB)
Target - 10600-10800
NIFTY AUTO: AUTO STOCKS ARE BACK IN THE RACEAuto stocks are looking bullish in short-term. My top picks are Tata Motors, M&M, Escorts, TVS & Eicher Motors.
Nifty auto looking strong #sectoroftheweekNifty auto looking strong
Sustaining above 10375 could take it further upside
DISCLAIMER
( Educational Purpose )
All investments involve risk.
Please Do your analysis before initiating Any trade
Good luck !
Nifty Auto/Nifty Ratio Chart AnalysisNifty Auto/Nifty chart has returned from its support on the Daily timeframe. Looks like it's heading back to 0.70 resistance. Auto companies may shine more in the coming weeks.
Nifty Auto SectorLooks like Auto Sector set to go up
Charts suggest a good breakout of the trend
RSI trending up and >55levels
RS is also trending up, though its still negative
Wait for couple of days Auto Sector looks good
CNX AUTO Good consolidation #Episode1A bullish nifty can make it go north . Focus on Tamo,Maruti and Mahindra. good patterns on Day charts .....
ALL INDIAN INDICES REVIEW PART-3NIFTY AUTO HAVING BULLISH BAT TARGET 300 POINTS
I AM BULLISH ON MARKET
TRADE AND INVEST AT YOUR OWN RISK
