Recently on 14th July 2016 in Technical Traders Club had come out with a note on Nifty Auto Index.
Seems a good breakout is happening in the sector. There is a good probability the sector could be a leader in the coming year.
There has been a good move in the last 3 weeks in the sector. Although I expected a chance to accumulate which did not happen but nevertheless got to be happy with the partial entry. But it would still be a sector on radar to buy on dips going ahead as well as to watchout for Auto Ancillaries going ahead.
Please read the disclaimer and disclosure in the note.
Nify - Auto Index - Long Term Breakout Accumulate
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Technical Analysis Training Bangalore
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