CNXAUTO index near important support after being in oversold

Zaktualizowano
The weak numbers from auto companies lead to massive selloff in the auto stocks and also auto ancillaries.

Seems the fall would become a bit nimble now.

Below 8750 we may see more weakness towards 8515.

Regards,
Vinay
Uwaga
All targets reached on short side ... cheers
Technical Indicatorssalesweakness

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