Nifty Auto IndexAtualizado

CNXAUTO index near important support after being in oversold

The weak numbers from auto companies lead to massive selloff in the auto stocks and also auto ancillaries.

Seems the fall would become a bit nimble now.

Below 8750 we may see more weakness towards 8515.

Regards,
Vinay
Nota
All targets reached on short side ... cheers

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