CNXAUTO trade ideas

UnknownUnicorn9481824

Corrective Waves A B C Views are welcome :)

jothimageswari Updated 

Sl 7150

Akash1275

Nifty Auto as depicted in the chart can be seen moving in its defined path. Technical Indicators can be used for further confirmation.

finasks

In daily chart, it crossed 200 EMA and 200 SMA . Looks like a short term bullish trend or trend reversal.

manuagarwal21

When the levels of the various time-frames gets aligned , there is higher chance that the said might get respected.

UnknownUnicorn2459381 Updated 

I hope pullback in auto stock is over and time for reversal.

Krishna_krsna Updated 

Nifty Auto! a sneak peek into auto sector with EWP!

manuagarwal21

When the prices hit the levels, which is a resistance on many time frame, chances of price rejection will become high and the same is happening here in the cnx auto index.

anuragprasad95 Updated 

If it crosses below 7105 then it may touch 6900.

bgnsram

Nifty auto make or break zone, above 7200 will be confirmed positive movement. Below 6740 will be bad news for auto.

krishna2509

1) H & S Monthly TF 2) Wait for this month closing. Aligning with Maruti and Heromotoco

ankan.sharma14

RR favorable

sanstocktrader

10650 could be support zone for CNX Auto , CNX Auto need to peform well in order to support meaningfull upside rally in Nifty

AceSheth

Retracement expected after a massive run up

Sachinsyd

CNXAUTO maj resistance

Sachinsyd Updated 

CNXAUTO massive resistance

SquareDoubleThird

NIFTY AUTO CNXAUTO Shows there is more pain left, expanding formation along with Double Top. Stay Light , still some time before we can start "Investing"