Nifty Auto Analysis

11 thg 5, 2021

FMCG, 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