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NIFTY Auto Sector Technical Analysis by RANIT GHOSH is a document available to read on EtoBox.
What is NIFTY Auto Sector Technical Analysis about?
The document provides a technical analysis of the Nifty 50 and Nifty Auto indices. For Nifty 50, it notes that the index reached an all-time high recently but has since corrected 18% due to geopolitical issues. Support has formed at 15,180-15,500 and the market has rallied again, though the overall structure remains bearish. For Nifty Auto, it discusses how the index broke its long uptrend in 2018 and hit a low in 2020 due to various factors before recovering in a V-shaped pattern, indicating a trend revers
- Author
- RANIT GHOSH
- Language
- EN