HUGE POTENTIAL IN THE NIFTY AUTO INDEX - STARTING OF THE 5 WAVEIndian Auto Index Technical Analysis
The Indian Auto Index made an all-time high (ATH) of approximately 27,700, completing Wave 3
From there, a Wave 4 corrective phase began, ending at 19,300 (a 30% decline).
A large Flag pattern has formed on the monthly charts and has been broken with a strong b
Nifty Auto Index 1W forecast until August 2025NSE Auto Index is in "discharge" mode. This will last until the level of 25000 followed by a sideways-cooldown movement.
Bullish structure will stay intact and the second bullrun will happen shortly.
Major correction/retest will happen after the breakout of previous all-time-high and setting a new A
nse auto movement on mondayThe NSE Auto Index (NIFTY Auto) is currently showing some interesting movements. As of the latest data, it appears that the index is in a slight downtrend1. The index is trading below an important level of 23,543.16, and if it remains below this level, it might continue to show a downward movement i
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Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk..
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Displays a symbol's price movements over previous years to identify recurring trends.