NIFTYAUTO - NEoWaveThis sector is in correction, if the companies
upgrade theirselves with the new technologies
(Like Uber and Tesla) then chances are very high
that correction will be more in up direction
(like running correction).
CNXAUTO trade ideas
Auto stocks is going to rockCnx auto nifty is taking support at 200 day moving average it is good signal to buy good auto stocks and there is one more reason to buy after 30.08.2021 bcoz i think at that day the auto sales are going to release and then i hope it is to be good so there is more confluence to buy auto stocks
NIFTY AUTONifty auto in upcoming days. Can took support from 9700-9800. And above 9950 we may see 10300 level. And if market unable to hold its 9700 we may also see 9350-9300 level.
NIFTY AUTONifty auto in upcoming days.
Can took support from 9700-9800. And above 9950 we may see 10300 level.
And if market unable to hold its 9700 we may also see 9350-9300 level.
Predictor of next crash around 2025Predictor of next crash around 2025 till then pumpamentals remain strong.
AUTO SECTOR cup and handle at daily charts
lower level of cup and handle
imp resistance levels to be crossed for good rally
keep an eye on the following:
eicher
tvs
bajaj
hero
Nifty Auto looking really goodA perfect move along the trendline, looking very good towards life time high !!
Nifty Auto Index breakoutNifty Auto Index gave a very strong breakout in the Daily chart.
The previous high was 11000 - which also makes it the target of this breakout.
high chances it will create a new high very soon.
Good time to be long in auto stocks.
CNXAUTO - CHANGE OF GEARNIFTY auto basing (actually it is contra); shows promise for further move up. Individual spaces to focus are Tata, Ashok and Maruti for the longs.
Nifty Auto AnalysisFMCG, Pharma, IT, Metals major indices have already performed. Banks, Automobiles are the ones to start performing. Autos had formed a zone and direction will be clear once it breaks either up or down. Considering that nifty auto is already 15% down, and seeing the fact that it's staying strong in lower levels, an upward breakout could be possible.
Stocks to focus
#Bajaj_Auto
#Eicher
#Maruti
NIFTY AUTO Looking for a breakout of 20% or more!!1. Nifty Auto, any rally to fail and can be used for selling
2. once break and close below the TL can slump -20%, Sharp panic is possible
3. One can go short on AUTO stocks on rise and break below will confirm more downside.
4. MARUTHI, HERO, M&M, TVS are the stocks which are looking worst for a huge correction.
Disclaimer: The above ideas are my personal view and its for educational Purpose.
Nifty Auto...... What Next.........Auto Index approaching......... Support Zones....
Supports and Trend Marked.....
Happy Trading..........
Auto Index - Is it getting ready to move on fast lane?CN Auto to Nifty has quite a similarity with post 2008, Are we on for a long road ahead on Auto. There is a marked change of polarity in the Ratio Chart. Well, it is a weekly ratio comparison, so it will take its time,for Auto Index is a Watch Out Zone, with buy on dips preferred.
DISC: Not a SEBI Registered. I post charts for my own study.
Strongest Buy / Major Support / Invest Idea #4NIFTY AUTO: 20% upside potential.
When it reaches 9000-9100
Look for adding Swing buy in top companies:
MARUTI
M&M
TATAMOTORS
BAJAJAUTO
HEROMOTO
EICHER
ESCORTS
ASHOKLEY
DISCLAIMER: TRADE AT YOUR OWN RISK. KINDLY TAKE DECISIONS INDEPENDENTLY AND DO NOT CONSIDER THIS ANALYSIS A RECOMMENDATION.
Thanks,
Cheers to short term Investments!
Best luck - 'Siddharth Sehgal'
#srs #srsenrique #NIFTYAUTO #niftyauto #stocktraderchannel #siddharthsrs #nifty #maruti #tatamotors #bajajauto #eicher #escorts #tvsmotors #heromoto #smlisuzu
Nifty Auto indexViewNifty auto already given break out . Now Nifty Auto have a open space for upmove until 11122. So Buy auto stocks on dip simple!
CNXAUTO - Scope for Shorts CNX AUTO remains place for shorts; now at 9134 another two percent fall stops 9180. Stocks within this index remains the focus
CNXAUTO - H N S ?Since it is Global Synchronized moves, it would be a down day to start with. CNX-AUTO showing potential H and S pattern hence, longs needs to be on caution mode. Fall of 0.5% today triggers this pattern potentially yielding another 2% down move. Prefer the shorts
CNXAUTO - Caution Diversion Ahead. The recent rally met the boulders. Short term looks heavy and prone to profit taking. New base is 8600 loss would push deeper correction and flag the daily to bears. Too early to conclude though. Below 9000 softer bias and weaker among the sectorial indexes in shorter frames. Sell stop 1% take profit 2%; Watch 8600 reaction.
