sreebhashyam

CNXAUTO - H N S ?

Short
NSE:CNXAUTO   Nifty Auto Index
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

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