Page 3 - Nifty Auto

Sell on Rise: Nifty FMCG and Nifty Auto ripe for profit booking

A decisive close above 16,880 is essential to trigger a renewed wave of bullish sentiment in both Nifty Auto and its constituents, said Ravi Nathani

Nifty Auto, FMCG indices trading range-bound; check breakout levels here

A closing above 51,480 for Nifty FMCG index would indicate a potential surge in buying activities, encouraging traders to consider selling near this mark

Nifty Auto eyes fresh selling below this level; Buy Nifty IT near support

As per Ravi Nathani, traders should wait for the correction to complete and start buying Nifty IT index at or near the support level of 29,800

Nifty FMCG, Auto: Charts indicate divergent trend for these two indices

According to Ravi Nathani, an independent technical analyst, Nifty FMCG index stands resilient, and promises potential gains in this nuanced market landscape.

Nifty Pharma, Nifty Auto: Check these key levels for your trading strategy

The prevailing bias suggests a positive outlook, emphasizing a buy-on-dips strategy for Nifty Auto and its components, said Ravi Nathani

Sell Nifty Auto index on rise as charts show bearish near-term trend

The pivot level for this month, for example, is at 15,550, further supporting the case for a potential downward move in Nifty Auto index

Nifty FMCG may see pullback; Auto index eyes breakout post range-bound move

According to Ravi Nathani, an independent technical analyst, Nifty FMCG index may witness a rebound after finding support at 51,636 and 50,650 levels

Nifty Auto in overbought zone; Bullish trend for Pharma index may weaken

The RSI for Nifty Pharma shows a pattern of lower highs and lower lows on the near-term charts; Nifty Auto is in the overbought zone and could see a potential correction

Tata Motors hits a new high after over 8 years; stock up 57% so far in CY23

Based on preliminary cash balances, JLR expects to report positive free cash flow of over £400 million in the June quarter.

Bias for Nifty FMCG, auto indices remain bullish; sell-on-rise apt strategy

According to independent market analyst, Ravi Nathani, both Nifty FMCG, and Auto indices hint at a bullish trend in the near-term, and traders can employ sell-on-rise strategy

Auto shares in fast lane; Tata Motors, M&M, Maruti Suzuki hit 52-week highs

M&M hit a record high of Rs 1,440.75, up 3 per cent on the BSE

Book profits as Nifty Auto, Nifty Financial index trade in overbought zone

Nifty Financial Services is exhibiting a triangle-shaped pattern, which indicates a period of consolidation and uncertainty, says Ravi Nathani

Nifty FMCG, Auto indices likely to underperform in near-term, show charts

The Nifty Auto index is expected to underperform in the near future, and the current rally provides an opportune moment to sell the index and its constituents

Charts show near-term resistance for Nifty Auto, Nifty FMCG; here's why -

Nifty Auto, and Nifty FMCG indices are likely to face resistance in the near-term, hence the best trading strategy to adopt is to sell-on-rise, said the technical analyst

Nifty Auto likely to exhibit range-bound trade; FMCG seems overbought

According to Ravi Nathani, an independent technical analyst, the Auto index seems trapped in the 12,950 - 12,830 range. Whereas, the FMCG index is expected to face stiff resistance around 47,200.

Maruti Suzuki Q4 preview: Price hikes to lift revenue, margin, say analysts

According to brokerages, Ebitda (earnings before interest, tax, depreciation, and amortisation), is expected to outpace top-line growth, rising up to 22.4 per cent QoQ to Rs 3,466 crore in Q4FY23

Charts show bullish trend for Nifty Auto, adopt buy-on-dips: Ravi Nathani

Based on the technical analysis of the Nifty Auto index using near-term charts, it is anticipated that the index may continue its upward trend in the near to short term, said the technical analyst

Nifty Auto likely to remain range-bound in near-term, says Ravi Nathani

According to the technical analyst, the Nifty Auto Index is expected to remain range-bound in the near term, with a potential breakout in either direction likely to trigger a directional bias

Charts suggest Nifty Auto in 'oversold' zone, rebound likely: Ravi Nathani

According to the technical analyst, traders should adopt a buy-on-dips approach for the Nifty Auto index, with a minimum target of 12,236

Nifty Auto likely to rebound, sell Nifty Metal on rise, says Ravi Nathani

The technical analyst expects the Nifty auto index to shortly see a rebound, while the metal index could underperform