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.
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.