Descrizione
⋅ Nifty auto is making is Flag and Pennant pattern at the top (resistance)
*If it given a breakout, we can see a good rally.
*Weightage of M&M , Maruti and Tata in Nifty Auto is 21, 19, 13 respectively.
*If CNX Auto has to move, definitely M&M, Maruti and Tata will move.
*In the mean time Marauti Suzuki has also made a flag and pennant pattern.
* Do keep on radar. For educational purpose only.