Discover and read the best of Twitter Threads about #NiftyAuto
Most recents (6)
Today is #WorldPopulationDay, which reminds us that while #ElonMusk is determined to contribute to increasing the population, he has also managed to upset the existing one, by backing out of the Twitter deal. Good thing that the markets were more stable, than Musk’s mood. 1/7
Talking about the “impending recession” seems to be the trend. So, it was a surprise last week, when both the #Sensex & the #Nifty went ↑ by almost 3%. Potential reasons? Maybe the cooldown in the prices of #commodities. This helps sectors like #Auto, #Realty, & #FMCG. 2/7
So naturally, both the #NiftyFMCG & #NiftyRealty were ↑ over 5%. #NiftyAuto was also ↑ 3.5%. In fact, every sectoral index was painting the town green. Global indices were also mostly up. The S&P 500 was ↑ 1.94% & the #NASDAQ100 ↑ by 4.6%. 3/7
US markets have given a break-down from Head & Shoulders pattern
Most of the Indian sectors too look vulnerable
THREAD: Technical Analysis for US market & 10 Indian sectors🧵
Collaborated with @AdityaTodmal
Most of the Indian sectors too look vulnerable
THREAD: Technical Analysis for US market & 10 Indian sectors🧵
Collaborated with @AdityaTodmal
𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐟𝐨𝐫 𝐚𝐥𝐥 𝐒𝐞𝐜𝐭𝐨𝐫𝐬 🧵
Detailed 🧵 on each sector covering index heavy weight stocks 📊
Detailed 🧵 on each sector covering index heavy weight stocks 📊
#NIFTYAUTO #CNXAUTO
Cup & Handle formation in weekly charts, awaiting a BO
The leaders of this sector are also on the verge of BO
Cup & Handle formation in weekly charts, awaiting a BO
The leaders of this sector are also on the verge of BO
𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐟𝐨𝐫 𝐚𝐥𝐥 𝐒𝐞𝐜𝐭𝐨𝐫𝐬
Detailed 🧵on each sector covering index heavy weight stocks📊
Detailed 🧵on each sector covering index heavy weight stocks📊
Here you go. Marathon of Charts of All Sectors.
LIKE & RETWEET.
#NIFTYPSUBANK⚡️
Still looking strong. Best levels to add #PSU banks.
Our Pick #Canbk what will be yours?
LIKE & RETWEET.
#NIFTYPSUBANK⚡️
Still looking strong. Best levels to add #PSU banks.
Our Pick #Canbk what will be yours?
AUTO SECTOR TECHNICAL ANALYSIS
(Retweet for wider reach)
Let's start with analyzing #Niftyauto -
Gave H&S breakout but look support on 200 EMA and reversed. Need to cross right shoulder to confirm the reversal.
Now let's take a look at few auto sector companies charts.
(Retweet for wider reach)
Let's start with analyzing #Niftyauto -
Gave H&S breakout but look support on 200 EMA and reversed. Need to cross right shoulder to confirm the reversal.
Now let's take a look at few auto sector companies charts.
Let's start with the one with the strongest chart - #BalkrishnaIndustries
Trading near ATH levels, when the whole nifty auto index was going down, it corrected only 10% and was the 1st one to recover.
A close above 2560 will take it to a target of 2776.
Trading near ATH levels, when the whole nifty auto index was going down, it corrected only 10% and was the 1st one to recover.
A close above 2560 will take it to a target of 2776.
Next one we're gonna take a look at is - #eichermotors
Finally crossed the gap region (2850) that was acting as resistance. With good volume expansion.
If closes above 3037, can easily reach 3223 & 3348.
Finally crossed the gap region (2850) that was acting as resistance. With good volume expansion.
If closes above 3037, can easily reach 3223 & 3348.
