Tag Archives: CNX Auto Prediction

Nifty Auto Outlook for the Week (July 16, 2018 – July 20, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (July 16, 2018 – July 20, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 0.60%.

As we have mentioned last week, that resistance for the index lies in the zone of 11300 to 11350 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11450 to 11550 from where the index has broken down and Fibonacci levels are lying. During the week the index manages to hit a high of 11253 and close the week around the levels of 11003.

Minor support for the index lies around 10800 to 10900. Support for the index lies in the zone of 10500 to 10600 where the index has taken support in the month of September-2017 and March-2018. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 11300 to 11350 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11450 to 11550 from where the index has broken down and Fibonacci levels are lying.

Broad range for the index is seen from 10700 to 10800 on downside & 11300 to 11400 on upside.

Nifty Auto Outlook for the Week (July 09, 2018 – July 13, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (July 09, 2018 – July 13, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 3.30%.

As we have mentioned last week, that minor resistance for the index lies around 10900 to 11000. Resistance for the index lies in the zone of 11300 to 11350 where Fibonacci levels and medium & long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11450 to 11550 from where the index has broken down and Fibonacci levels are lying. During the week the index manages to hit a high of 11123 and close the week around the levels of 11068.

Minor support for the index lies around 10800 to 10900. Support for the index lies in the zone of 10500 to 10600 where the index has taken support in the month of September-2017 and March-2018. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 11300 to 11350 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11450 to 11550 from where the index has broken down and Fibonacci levels are lying.

Broad range for the index is seen from 10700 to 10800 on downside & 11300 to 11400 on upside.

Nifty Auto Outlook for the Week (July 02, 2018 – July 06, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (July 02, 2018 – July 06, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 3.40%.

As we have mentioned last week, that minor support for the index lies around 11000 to 11100. Support for the index lies in the zone of 10700 to 10800 where the index has formed a bottom in the month of May-2018. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017 and March-2018. During the week the index manages to hit a low of 10611 and close the week around the levels of 10709.

Support for the index lies in the zone of 10500 to 10600 where the index has taken support in the month of September-2017 and March-2018. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 where Fibonacci levels are lying.

Minor resistance for the index lies around 10900 to 11000. Resistance for the index lies in the zone of 11300 to 11350 where Fibonacci levels and medium & long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11450 to 11550 from where the index has broken down and Fibonacci levels are lying.

Broad range for the index is seen from 10300 to 10400 on downside & 11000 to 11100 on upside.

Nifty Auto Outlook for the Week (June 25, 2018 – June 29, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (June 25, 2018 – June 29, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 0.80%.

As we have mentioned last week, that minor support for the index lies around 11000 to 11100. Support for the index lies in the zone of 10700 to 10800 where the index has formed a bottom in the month of May-2018. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017 and March-2018. During the week the index manages to hit a low of 10987 and close the week around the levels of 11088.

Minor support for the index lies around 11000 to 11100. Support for the index lies in the zone of 10700 to 10800 where the index has formed a bottom in the month of May-2018. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017 and March-2018.

Resistance for the index lies in the zone of 11300 to 11350 where Fibonacci levels and medium & long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11450 to 11550 from where the index has broken down and Fibonacci levels are lying.

Broad range for the index is seen from 10700 to 10800 on downside & 11500 to 11600 on upside.

Nifty Auto Outlook for the Week (June 18, 2018 – June 22, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (June 18, 2018 – June 22, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 0.50%.

As we have mentioned last week, that resistance for the index lies in the zone of 11300 to 11350 where Fibonacci levels and medium & long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11450 to 11550 from where the index has broken down and Fibonacci levels are lying. During the week the index manages to hit a high of 11311 and close the week around the levels of 11173.

Minor support for the index lies around 11000 to 11100. Support for the index lies in the zone of 10700 to 10800 where the index has formed a bottom in the month of May-2018. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017 and March-2018.

Resistance for the index lies in the zone of 11300 to 11350 where Fibonacci levels and medium & long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11450 to 11550 from where the index has broken down and Fibonacci levels are lying.

Broad range for the index is seen from 10700 to 10800 on downside & 11500 to 11600 on upside.

Nifty Auto Outlook for the Week (June 11, 2018 – June 15, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (June 11, 2018 – June 15, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that resistance for the index lies in the zone of 11100 to 11200 where Fibonacci levels and medium & long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11400 to 11500 from where the index has broken down. During the week the index manages to hit a high of 11261 and close the week around the levels of 11226.

Minor support for the index lies around 11000 to 11100. Support for the index lies in the zone of 10700 to 10800 where the index has formed a bottom in the month of May-2018. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017 and March-2018.

Resistance for the index lies in the zone of 11300 to 11350 where Fibonacci levels and medium & long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11450 to 11550 from where the index has broken down and Fibonacci levels are lying.

Broad range for the index is seen from 10700 to 10800 on downside & 11500 to 11600 on upside.

Nifty Auto Outlook for the Week (June 04, 2018 – June 08, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (June 04, 2018 – June 08, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that resistance for the index lies in the zone of 11100 to 11200 where Fibonacci levels and medium & long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11400 to 11500 from where the index has broken down. During the week the index manages to hit a high of 11150 and close the week around the levels of 11076.

Minor support for the index lies around 10800 to 10900. Support for the index lies in the zone of 10500 to 10600 where the index has taken support in the month of September-2017 and March-2018. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 11100 to 11200 where Fibonacci levels and medium & long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11400 to 11500 from where the index has broken down.

Broad range for the index is seen from 10500 to 10600 on downside & 11300 to 11400 on upside.

Nifty Auto Outlook for the Week (May 28, 2018 – June 01, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (May 28, 2018 – June 01, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 1.30%.

As we have mentioned last week, that support for the index lies in the zone of 10500 to 10600 where the index has taken support in the month of September-2017 and March-2018. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 where Fibonacci levels are lying. During the week the index manages to hit a low of 10653 and close the week around the levels of 10816.

Support for the index lies in the zone of 10500 to 10600 where the index has taken support in the month of September-2017 and March-2018. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 11100 to 11200 where Fibonacci levels and medium & long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11400 to 11500 from where the index has broken down.

Broad range for the index is seen from 10500 to 10600 on downside & 11300 to 11400 on upside.

Nifty Auto Outlook for the Week (May 21, 2018 – May 25, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (May 21, 2018 – May 25, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 3.60%.

As we have mentioned last week, that support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017. During the week the index manages to hit a low of 10937 and close the week around the levels of 10963.

Support for the index lies in the zone of 10500 to 10600 where the index has taken support in the month of September-2017 and March-2018. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 11100 to 11200 where Fibonacci levels and medium & long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11400 to 11500 from where the index has broken down.

Broad range for the index is seen from 10500 to 10600 on downside & 11300 to 11400 on upside.

Nifty Auto Outlook for the Week (May 14, 2018 – May 18, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (May 14, 2018 – May 18, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 0.40%.

As we have mentioned last week, that resistance for the index lies in the zone of 11500 to 11600 from where the index has broken down and Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11850 to 12000 where the index has formed a high in the month of January-2018. During the week the index manages to hit a high of 11517 and close the week around the levels of 11373.

Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017.

Resistance for the index lies in the zone of 11500 to 11600 from where the index has broken down and Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11850 to 12000 where the index has formed a high in the month of January-2018.

Broad range for the index is seen from 10900 to 11000 on downside & 11700 to 11800 on upside.

Nifty Auto Outlook for the Week (May 07, 2018 – May 11, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (May 07, 2018 – May 11, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 2.20%.

As we have mentioned last week, that resistance for the index lies in the zone of 11500 to 11600 from where the index has broken down and Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11850 to 12000 where the index has formed a high in the month of January-2018. During the week the index manages to hit a high of 11761 and close the week around the levels of 11324.

Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017.

Resistance for the index lies in the zone of 11500 to 11600 from where the index has broken down and Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11850 to 12000 where the index has formed a high in the month of January-2018.

Broad range for the index is seen from 10900 to 11000 on downside & 11700 to 11800 on upside.

Nifty Auto Outlook for the Week (Apr 30, 2018 – May 04, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Apr 30, 2018 – May 04, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.20%.

As we have mentioned last week, that resistance for the index lies in the zone of 11500 to 11600 from where the index has broken down and Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11850 to 12000 where the index has formed a high in the month of January-2018. During the week the index manages to hit a high of 11700 and close the week around the levels of 11582.

Minor support for the index lies in the zone of 11350 to 11400. Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017.

Resistance for the index lies in the zone of 11500 to 11600 from where the index has broken down and Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11850 to 12000 where the index has formed a high in the month of January-2018.

Broad range for the index is seen from 11100 to 11200 on downside & 11900 to 12000 on upside.

Nifty Auto Outlook for the Week (Apr 23, 2018 – Apr 27, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Apr 23, 2018 – Apr 27, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 0.20% .

As we have mentioned last week, that resistance for the index lies in the zone of 11500 to 11600 from where the index has broken down and Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11850 to 12000 where the index has formed a high in the month of January-2018. During the week the index manages to hit a high of 11569 and close the week around the levels of 11440.

Minor support for the index lies in the zone of 11300 to 11350. Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017.

Resistance for the index lies in the zone of 11500 to 11600 from where the index has broken down and Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11850 to 12000 where the index has formed a high in the month of January-2018.

Broad range for the index is seen from 11000 to 11100 on downside & 11800 to 11900 on upside.

Nifty Auto Outlook for the Week (Apr 16, 2018 – Apr 20, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Apr 16, 2018 – Apr 20, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 0.20%.

As we have mentioned last week, that minor support for the index lies in the zone of 11250 to 11350. Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017. During the week the index manages to hit a low of 11323 and close the week around the levels of 11465.

Minor support for the index lies in the zone of 11250 to 11350. Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017.

Resistance for the index lies in the zone of 11500 to 11600 from where the index has broken down and Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11850 to 12000 where the index has formed a high in the month of January-2018.

Broad range for the index is seen from 11000 to 11100 on downside & 11800 to 11900 on upside.

Nifty Auto Outlook for the Week (Apr 09, 2018 – Apr 13, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Apr 09, 2018 – Apr 13, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 5.70%.

As we have mentioned last week, that resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11500 to 11600 where Fibonacci levels are lying. During the week the index manages to hit a high of 11462 and close the week around the levels of 11444.

Minor support for the index lies in the zone of 11250 to 11350. Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017.

Resistance for the index lies in the zone of 11500 to 11600 from where the index has broken down and Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11850 to 12000 where the index has formed a high in the month of January-2018.

Broad range for the index is seen from 11000 to 11100 on downside & 11800 to 11900 on upside.

Nifty Auto Outlook for the Week (Apr 02, 2018 – Apr 06, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Apr 02, 2018 – Apr 06, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.70%.

As we have mentioned last week, that support for the index lies in the zone of 10500 to 10600 where the index has taken support in the month of September-2017. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 where Fibonacci levels are lying. During the week the index manages to hit a low of 10569 and close the week around the levels of 10821.

Support for the index lies in the zone of 10500 to 10600 where the index has taken support in the month of September-2017. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11500 to 11600 where Fibonacci levels are lying.

Broad range for the index is seen from 10200 to 10300 on downside & 11200 to 11300 on upside.

Nifty Auto Outlook for the Week (Mar 26, 2018 – Mar 28, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Mar 26, 2018 – Mar 28, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 2.00%.

As we have mentioned last week, that index has closed just below the major support zone of 10800 to 10900 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017. During the week the index manages to hit a low of 10560 and close the week around the levels of 10638.

Support for the index lies in the zone of 10500 to 10600 where the index has taken support in the month of September-2017. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 11700 to 11800. Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11500 to 11600 where Fibonacci levels for the index are lying.

Broad range for the index is seen from 10000 to 10100 on downside & 11000 to 11100 on upside.

 

Nifty Auto Outlook for the Week (Mar 12, 2018 – Mar 16, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Mar 12, 2018 – Mar 16, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 2.30%.

As we have mentioned last week, that index has closed just below the major support zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017. During the week the index manages to hit a low of 10755 and close the week around the levels of 10888.

Index has closed just below the major support zone of 10800 to 10900 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017.

Minor resistance for the index lies in the zone of 11100 to 11200. Resistance for the index lies in the zone of 11500 to 11600 where Fibonacci levels for the index is lying. If the index manages to close below these levels then the index can move to the levels of 11800 to 11900 from where the index broke down after consolidation.

Broad range for the index is seen from 10500 to 10600 on downside & 11400 to 11500 on upside.

Nifty Auto Outlook for the Week (Mar 05, 2018 – Mar 09, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Mar 05, 2018 – Mar 09, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 2.00%.

As we have mentioned last week, that Index has closed just below the major support zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017. During the week the index manages to hit a low of 10986 and close the week around the levels of 11147.

Index has closed just below the major support zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017.

Minor resistance for the index lies in the zone of 11200 to 11250. Resistance for the index lies in the zone of 11500 to 11600 where Fibonacci levels for the index is lying. If the index manages to close below these levels then the index can move to the levels of 11800 to 11900 from where the index broke down after consolidation.

Broad range for the index is seen from 10500 to 10600 on downside & 11600 to 11700 on upside.

Nifty Auto Outlook for the Week (Feb 26, 2018 – Mar 02, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Feb 26, 2018 – Mar 02, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 1.70%.

As we have mentioned last week that support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017. During the week the index manages to hit a low of 10823 and close the week around the levels of 10927.

Index has closed just below the major support zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017.

Minor resistance for the index lies in the zone of 11200 to 11250. Resistance for the index lies in the zone of 11500 to 11600 where Fibonacci levels for the index is lying. If the index manages to close below these levels then the index can move to the levels of 11800 to 11900 from where the index broke down after consolidation.

Broad range for the index is seen from 10500 to 10600 on downside & 11600 to 11700 on upside.

Nifty Auto Outlook for the Week (Feb 19, 2018 – Feb 23, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Feb 19, 2018 – Feb 23, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 1.10%.

As we have mentioned last week that resistance for the index lies in the zone of 11500 to 11600 where Fibonacci levels for the index is lying. If the index manages to close below these levels then the index can move to the levels of 11800 to 11900 from where the index broke down after consolidation. During the week the index manages to hit a high of 10409 and close the week around the levels of 11114.

Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017.

Minor resistance for the index lies in the zone of 11250 to 11300. Resistance for the index lies in the zone of 11500 to 11600 where Fibonacci levels for the index is lying. If the index manages to close below these levels then the index can move to the levels of 11800 to 11900 from where the index broke down after consolidation.

Broad range for the index is seen from 10500 to 10600 on downside & 11600 to 11700 on upside.

Nifty Auto Outlook for the Week (Feb 12, 2018 – Feb 16, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Feb 12, 2018 – Feb 16, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 0.60%.

As we have mentioned last week, that support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017. During the week the index manages to hit a low of 10798 and close the week around the levels of 11235.

Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017.

Resistance for the index lies in the zone of 11500 to 11600 where Fibonacci levels for the index is lying. If the index manages to close below these levels then the index can move to the levels of 11800 to 11900 from where the index broke down after consolidation.

Broad range for the index is seen from 10800 to 10900 on downside & 11600 to 11700 on upside.

Nifty Auto Outlook for the Week (Feb 05, 2018 – Feb 09, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Feb 05, 2018 – Feb 09, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 1.80%.

As we have mentioned last week, that support for the index lies in the zone of 11500 to 11600 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 11100 to 11200 where Fibonacci levels and long term moving averages are lying. During the week the index manages to hit a low of 11279 and close the week around the levels of 11302.

Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where the index has taken support in the month of September-2017.

Resistance for the index lies in the zone of 11500 to 11600 where Fibonacci levels for the index is lying. If the index manages to close below these levels then the index can move to the levels of 11800 to 11900 from where the index broke down after consolidation.

Broad range for the index is seen from 10800 to 10900 on downside & 11600 to 11700 on upside.

Nifty Auto Outlook for the Week (Jan 29, 2018 – Feb 02, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Jan 29, 2018 – Feb 02, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 1.50%.

As we have mentioned last week, that resistance for the index lies in the zone of 11800 to 11900 from where the index broke down after consolidation. If the index manages to close below these levels then the index can move to the levels of 12100 to 12200 where the index has formed a short term top. During the week the index manages to hit a high of 11766 and close the week around the levels of 11508.

Support for the index lies in the zone of 11500 to 11600 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 11100 to 11200 where Fibonacci levels and long term moving averages are lying.

Resistance for the index lies in the zone of 11800 to 11900 from where the index broke down after consolidation. If the index manages to close below these levels then the index can move to the levels of 12100 to 12200 where the index has formed a short term top.

Broad range for the index is seen from 11000 to 11200 on downside & 12000 to 12100 on upside.

Nifty Auto Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Jan 22, 2018 – Jan 25, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 1.90%.

As we have mentioned last week, that minor support for the index lies in the zone of 11750 to 11800. Support for the index lies in the zone of 11550 to 11600 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 11200 to 11300 where break out levels are lying. During the week the index manages to hit a low of 11515 and close the week around the levels of 11677.

Support for the index lies in the zone of 11550 to 11600 where Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 11200 to 11300 where break out levels are lying.

Resistance for the index lies in the zone of 11800 to 11900 from where the index broke down after consolidation. If the index manages to close below these levels then the index can move to the levels of 12100 to 12200 where the index has formed a short term top.

Broad range for the index is seen from 11200 to 11300 on downside & 12000 to 12100 on upside.

Nifty Auto Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  (Jan 15, 2018 – Jan 19, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 0.20%.

As we have mentioned last week, that minor support for the index lies in the zone of 11750 to 11800. Support for the index lies in the zone of 11550 to 11600 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 11200 to 11300 where break out levels are lying. During the week the index manages to hit a low of 11809 and close the week around the levels of 11908.

Minor support for the index lies in the zone of 11750 to 11800. Support for the index lies in the zone of 11550 to 11600 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 11200 to 11300 where break out levels are lying.

Resistance for the index lies in the zone of 12100 to 12200 where the index has formed a short term top. If the index manages to close below these levels then the index can move to the levels of 12400 to 12500.

Broad range for the index is seen from 11500 to 11600 on downside & 12300 to 12400 on upside.

Nifty Auto Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  ( Jan 08, 2018 – Jan 18, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 0.70%.

As we have mentioned last week, that minor support for the index lies in the zone of 11750 to 11800. Support for the index lies in the zone of 11550 to 11600 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 11200 to 11300 where break out levels are lying. During the week the index manages to hit a low of 11803 and close the week around the levels of 11929.

Minor support for the index lies in the zone of 11750 to 11800. Support for the index lies in the zone of 11550 to 11600 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 11200 to 11300 where break out levels are lying.

Resistance for the index lies in the zone of 12100 to 12200 where the index has formed a short term top. If the index manages to close below these levels then the index can move to the levels of 12400 to 12500.

Broad range for the index is seen from 11700 to 11800 on downside & 12300 to 12400 on upside.

Nifty Auto Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for NIFTY Auto for the week  Jan 01, 2018 – Jan 05, 2018) :  

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 0.70%.

As we have mentioned last week, that minor support for the index lies in the zone of 11750 to 11800. Support for the index lies in the zone of 11550 to 11600 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 11200 to 11300 where short term moving averages are lying. During the week the index manages to hit a low of 11832 and close the week around the levels of 12010.

Minor support for the index lies in the zone of 11750 to 11800. Support for the index lies in the zone of 11550 to 11600 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 11200 to 11300 where break out levels are lying.

Resistance for the index lies in the zone of 12100 to 12200 where the index has formed a short term top. If the index manages to close below these levels then the index can move to the levels of 12400 to 12500.

Broad range for the index is seen from 11700 to 11800 on downside & 12300 to 12400 on upside.

Nifty Auto Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Dec 26, 2017 – Dec 29, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 4.20%.

As we have mentioned last week, that minor support for the index lies in the zone of 11250 to 11300. Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 from where the index broke out. During the week the index manages to hit a low of 11196 and close the week around the levels of 11931.

Minor support for the index lies in the zone of 11750 to 11800. Support for the index lies in the zone of 11550 to 11600 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 11200 to 11300 where short term moving averages are lying.

Resistance for the index lies in the zone of 12100 to 12200 where the index has formed a short term top. If the index manages to close below these levels then the index can move to the levels of 12400 to 12500.

Broad range for the index is seen from 11500 to 11600 on downside & 12200 to 12300 on upside.

 

 

Nifty Auto Outlook for the Week (Dec 18, 2017 – Dec 22, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Dec 18, 2017 – Dec 22, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 0.80%.

As we have mentioned last week, that minor support for the index lies in the zone of 11250 to 11300. Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 from where the index broke out. During the week the index manages to hit a low of 11215 and close the week around the levels of 11448.

Minor support for the index lies in the zone of 11250 to 11300. Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 from where the index broke out.

Resistance for the index lies in the zone of 11350 to 11450 where trend-line joining highs formed in the month of June-2017 and August-2017 is lying. If the index manages to close below these levels then the index can move to the levels of 11550 to 11600 where Fibonacci levels are lying.

Broad range for the index is seen from 11000 to 11100 on downside & 11600 to 11700 on upside.

Nifty Auto Outlook for the Week (Dec 11, 2017 – Dec 15, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Dec 11, 2017 – Dec 15, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.50%.

As we have mentioned last week, that support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 from where the index broke out. During the week the index manages to hit a low of 11004 and close the week around the levels of 11357.

Minor support for the index lies in the zone of 11250 to 11300. Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 from where the index broke out.

Resistance for the index lies in the zone of 11350 to 11450 where trend-line joining highs formed in the month of June-2017 and August-2017 is lying. If the index manages to close below these levels then the index can move to the levels of 11550 to 11600 where Fibonacci levels are lying.

Broad range for the index is seen from 11000 to 11100 on downside & 11600 to 11700 on upside.

Nifty Auto Outlook for the Week (Dec 04, 2017 – Dec 08, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Dec 04, 2017 – Dec 08, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 1.60%.

As we have mentioned last week, that resistance for the index lies in the zone of 11350 to 11450 where trend-line joining highs formed in the month of June-2017 and August-2017 is lying. If the index manages to close below these levels then the index can move to the levels of 11550 to 11600 where Fibonacci levels are lying. During the week the index manages to hit a high of 11457 and close the week around the levels of 11188.

Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 from where the index broke out.

Minor resistance for the index lies in the zone of 11250 to 11300. Resistance for the index lies in the zone of 11350 to 11450 where trend-line joining highs formed in the month of June-2017 and August-2017 is lying. If the index manages to close below these levels then the index can move to the levels of 11550 to 11600 where Fibonacci levels are lying.

Broad range for the index is seen from 10700 to 10800 on downside & 11400 to 11500 on upside.

Nifty Auto Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Nov 27, 2017 – Dec 01, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.10%.

As we have mentioned last week, that resistance for the index lies in the zone of 11350 to 11450 where trend-line joining highs formed in the month of June-2017 and August-2017 is lying. If the index manages to close below these levels then the index can move to the levels of 11550 to 11600 where Fibonacci levels are lying. During the week the index manages to hit a high of 11411 and close the week around the levels of 11372.

Minor support for the index lies in the zone of 11200 to 11250. Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 from where the index broke out.

Resistance for the index lies in the zone of 11350 to 11450 where trend-line joining highs formed in the month of June-2017 and August-2017 is lying. If the index manages to close below these levels then the index can move to the levels of 11550 to 11600 where Fibonacci levels are lying.

Broad range for the index is seen from 11000 to 11100 on downside & 11600 to 11700 on upside.

Nifty Auto Outlook for the Week (Nov 20, 2017 – Nov 24, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Nov 20, 2017 – Nov 24, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 from where the index broke out. During the week the index manages to hit a low of 11072 and close the week around the levels of 11252.

Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 from where the index broke out.

Resistance for the index lies in the zone of 11350 to 11450 where trend-line joining highs formed in the month of June-2017 and August-2017 is lying. If the index manages to close below these levels then the index can move to the levels of 11550 to 11600 where Fibonacci levels are lying.

Broad range for the index is seen from 10800 to 10900 on downside & 11500 to 11600 on upside.

Nifty Auto Outlook for the Week (Nov 13, 2017 – Nov 17, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Nov 13, 2017 – Nov 17, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 1.10%.

As we have mentioned last week, that support for the index lies in the zone of 11150 to 11220 from where the index broke out of August-2017 and September-2017 highs. If the index manages to close below these levels then the index can drift to the levels of 10900 to 11000 where Fibonacci levels are lying. During the week the index manages to hit a low of 11094 and close the week around the levels of 11185.

Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 from where the index broke out.

Resistance for the index lies in the zone of 11350 to 11450 where trend-line joining highs formed in the month of June-2017 and August-2017 is lying. If the index manages to close below these levels then the index can move to the levels of 11550 to 11600 where Fibonacci levels are lying.

Broad range for the index is seen from 10700 to 10800 on downside & 11400 to 11500 on upside.

Nifty Auto Outlook for the Week (Nov 06, 2017 – Nov 10, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Nov 06, 2017 – Nov 10, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on absolutely flat note.

As we have mentioned last week, that minor support for the index lies in the zone of 11100 to 11200. Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 where short & medium term moving averages are lying. During the week the index manages to hit a high of 11453 and close the week around the levels of 11313.

Support for the index lies in the zone of 11150 to 11220 from where the index broke out of August-2017 and September-2017 highs. If the index manages to close below these levels then the index can drift to the levels of 10900 to 11000 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 11350 to 11450 where trend-line joining highs formed in the month of June-2017 and August-2017 is lying. If the index manages to close below these levels then the index can move to the levels of 11550 to 11600 where Fibonacci levels are lying.

Broad range for the index is seen from 11000 to 11100 on downside & 11600 to 11700 on upside.

Nifty Auto Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Oct 30, 2017 – Nov 03, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 0.30%.

As we have mentioned last week, that support for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 where short & medium term moving averages are lying. During the week the index manages to hit a low of 11034 and close the week around the levels of 11318.

Minor support for the index lies in the zone of 11100 to 11200. Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 where short & medium term moving averages are lying.

Resistance for the index lies in the zone of 11350 to 11400 where trend-line joining highs formed in the month of June-2017 and August-2017 is lying. If the index manages to close below these levels then the index can move to the levels of 11500 to 11600.

Broad range for the index is seen from 11000 to 11100 on downside & 11500 to 11600 on upside.

Nifty Auto Outlook for the Week (Oct 23, 2017 – Oct 27, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Oct 23, 2017 – Oct 27, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 0.30%.

As we have mentioned last week, that resistance for the index lies in the zone of 11200 to 11300 where the index has formed a high in the month of August-2017 and September-2017. If the index manages to close below these levels then the index can move to the levels of 11400 to 11500. During the week the index manages to hit a high of 11246 and close the week around the levels of 11107.

Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10700 to 10800 where short & medium term moving averages are lying.

Resistance for the index lies in the zone of 11200 to 11300 where the index has formed a high in the month of August-2017 and September-2017. If the index manages to close below these levels then the index can move to the levels of 11400 to 11500.

Broad range for the index is seen from 10700 to 10800 on downside & 11300 to 11400 on upside.

Nifty Auto Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Oct 16, 2017 – Oct 19, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that minor support for the index lies in the zone of 10800 to 10850. Support for the index lies in the zone of 10500 to 10600 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs, 200 Daily moving averages and Fibonacci levels are lying. During the week the index manages to hit a low of 10912 and close the week around the levels of 11078.

Support for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10600 where break out levels are lying.

Resistance for the index lies in the zone of 11200 to 11300 where the index has formed a high in the month of August-2017 and September-2017. If the index manages to close below these levels then the index can move to the levels of 11400 to 11500.

Broad range for the index is seen from 10700 to 10800 on downside & 11300 to 11400 on upside.

Nifty Auto Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Oct 09, 2017 – Oct 13, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that minor resistance for the index lies in the zone of 10850 to 10900. Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11200 to 11300 where the index has formed a high in the month of August-2017 and September-2017. During the week the index manages to hit a high of 11069 and close the week around the levels of 11007.

Minor support for the index lies in the zone of 10800 to 10850. Support for the index lies in the zone of 10500 to 10600 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs, 200 Daily moving averages and Fibonacci levels are lying.

Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11200 to 11300 where the index has formed a high in the month of August-2017 and September-2017.

Broad range for the index is seen from 10700 to 10800 on downside & 11200 to 11300 on upside.

Nifty Auto Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Oct 03, 2017 – Oct 06, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 1.10%.

As we have mentioned last week, that minor support for the index lies in the zone of 10800 to 10850. Support for the index lies in the zone of 10500 to 10600 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs and Fibonacci levels are lying. During the week the index manages to hit a low of 10560 and close the week around the levels of 10811.

Support for the index lies in the zone of 10500 to 10600 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs, 200 Daily moving averages and Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 10850 to 10900. Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11200 to 11300 where the index has formed a high in the month of August-2017 and September-2017.

Broad range for the index is seen from 10500 to 10600 on downside & 11100 to 11200 on upside.

Nifty Auto Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Sep 25, 2017 – Sep 29, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 0.40%.

As we have mentioned last week, that resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11200 to 11300 where the index has formed a high in the month of August-2017. During the week the index manages to hit a high of 11218 and close the week around the levels of 10927.

Minor support for the index lies in the zone of 10800 to 10850. Support for the index lies in the zone of 10500 to 10600 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs and Fibonacci levels are lying.

Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11200 to 11300 where the index has formed a high in the month of August-2017.

Broad range for the index is seen from 10500 to 10600 on downside & 11300 to 11400 on upside.

Nifty Auto Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Sep 18, 2017 – Sep 22, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.80%.

As we have mentioned last week, that resistance for the index lies in the zone of 10800 to 10900 from where the index broke down after consolidation and short term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11000 to 11100 where Fibonacci levels are lying. During the week the index manages to hit a high of 11026 and close the week around the levels of 10971.

Minor support for the index lies in the zone of 10800 to 10850. Support for the index lies in the zone of 10500 to 10600 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs and Fibonacci levels are lying.

Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can move to the levels of 11200 to 11300 where the index has formed a high in the month of August-2017.

Broad range for the index is seen from 10500 to 10600 on downside & 11300 to 11400 on upside.

Nifty Auto Outlook for the Week (Sep 11, 2017 – Sep 15, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Sep 11, 2017 – Sep 15, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 0.50%.

As we have mentioned last week, that minor support for the index lies in the zone of 10700 to 10750. Support for the index lies in the zone of 10500 to 10600 where medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs and Fibonacci levels are lying. During the week the index manages to hit a low of 10687 and close the week around the levels of 10779.

Minor support for the index lies in the zone of 10700 to 10750. Support for the index lies in the zone of 10500 to 10600 where medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs and Fibonacci levels are lying.

Resistance for the index lies in the zone of 10800 to 10900 from where the index broke down after consolidation and short term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11000 to 11100 where Fibonacci levels are lying.

Broad range for the index is seen from 10500 to 10600 on downside & 11200 to 11300 on upside.

Nifty Auto Outlook for the Week (Sep 04, 2017 – Sep 08, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Sep 04, 2017 – Sep 08, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 2.40%.

As we have mentioned last week, that support for the index lies in the zone of 10500 to 10600 where medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs and Fibonacci levels are lying. During the week the index manages to hit a low of 10486 and close the week around the levels of 10824.

Minor support for the index lies in the zone of 10700 to 10750. Support for the index lies in the zone of 10500 to 10600 where medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs and Fibonacci levels are lying.

Resistance for the index lies in the zone of 10800 to 10900 from where the index broke down after consolidation and short term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11000 to 11100 where Fibonacci levels are lying.

Broad range for the index is seen from 10500 to 10600 on downside & 11200 to 11300 on upside.

Nifty Auto Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Aug 28, 2017 – Sep 01, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 1.00%.

As we have mentioned last week, that support for the index lies in the zone of 10470 to 10520 where medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs. During the week the index manages to hit a low of 10468 and close the week around the levels of 10571.

Support for the index lies in the zone of 10500 to 10600 where medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs and Fibonacci levels are lying.

Resistance for the index lies in the zone of 10800 to 10900 from where the index broke down after consolidation and short term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11000 to 11100 where Fibonacci levels are lying.

Broad range for the index is seen from 10100 to 10200 on downside & 11000 to 11100 on upside.

Nifty Auto Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Aug 21, 2017 – Aug 25, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 2.10%.

As we have mentioned last week, that resistance for the index lies in the zone of 10470 to 10520 where medium term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 10800 to 10900 from where the index broke down after consolidation and short term moving averages are lying. During the week the index manages to hit a high of 10810 and close the week around the levels of 10676.

Support for the index lies in the zone of 10470 to 10520 where medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10200 to 10300 from where the index broke out of Feb-2017 highs.

Resistance for the index lies in the zone of 10800 to 10900 from where the index broke down after consolidation and short term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 11000 to 11100 where Fibonacci levels are lying.

Broad range for the index is seen from 10100 to 10200 on downside & 11000 to 11100 on upside.

Nifty Auto Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Aug 14, 2017 – Aug 18, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 6.10%.

As we have mentioned last week, that resistance for the index lies in the zone of 11150 to 11200 where channel resistance for the index is lying. If the index manages to close below these levels then the index can move to the levels of 11500 to 11600 where Fibonacci levels are lying. During the week the index manages to hit a high of 11247 and close the week around the levels of 10458.

Support for the index lies in the zone of 10200 to 10300 from where the index broke out of Feb-2017 highs. If the index manages to close below these levels then the index can drift to the levels of 9900 to 10000 trend-line support and 200 daily moving averages are lying.

Resistance for the index lies in the zone of 10470 to 10520 where medium term moving averages are lying. If the index manages to close below these levels then the index can move to the levels of 10800 to 10900 from where the index broke down after consolidation and short term moving averages are lying.

Broad range for the index is seen from 10000 to 10100 on downside & 11000 to 11100 on upside.

Nifty Auto Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (Aug 07, 2017 – Aug 11, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.90%.

As we have mentioned last week, that resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of around 11250 to 11300. During the week the index manages to hit a high of 11201 and close the week around the levels of 11138.

Support for the index lies in the zone of 11000 to 11050 from where the index broke out of June-2017 and July-2017 highs and Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 10800 to 10850 where short term moving averages are lying.

Resistance for the index lies in the zone of 11150 to 11200 where channel resistance for the index is lying. If the index manages to close below these levels then the index can move to the levels of 11500 to 11600 where Fibonacci levels are lying.

Broad range for the index is seen from 10800 to 10900 on downside & 11300 to 11400 on upside.

Nifty Auto Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (July 31, 2017 – Aug 04, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 0.20%.

As we have mentioned last week, that resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of around 11250 to 11300. During the week the index manages to hit a high of 11109 and close the week around the levels of 10935.

Minor support for the index lies in the zone of 10800 to 10850. Support for the index lies in the zone of 10650 to 10700 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10550 where break out levels for the index is lying.

Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of around 11250 to 11300.

Broad range for the index is seen from 10600 to 10700 on downside & 11300 to 11400 on upside.

Nifty Auto Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (July 24, 2017 – July 28, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 0.60%.

As we have mentioned last week, that resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of around 11250 to 11300. During the week the index manages to hit a high of 11055 and close the week around the levels of 10955.

Minor support for the index lies in the zone of 10800 to 10850. Support for the index lies in the zone of 10650 to 10700 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10550 where break out levels for the index is lying.

Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of around 11250 to 11300.

Broad range for the index is seen from 10600 to 10700 on downside & 11300 to 11400 on upside.

Nifty Auto Outlook for the Week (July 17, 2017 – July 21, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (July 17, 2017 – July 21, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.50%.

As we have mentioned last week that minor support for the index lies in the zone of 10600 to 10650. Support for the index lies in the zone of 10500 to 10550 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10300 to 10350 where Fibonacci levels are lying. During the week the index manages to hit a low of 10573 and close the week around the levels of 10892.

Minor support for the index lies in the zone of 10750 to 10800. Support for the index lies in the zone of 10650 to 10700 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 10500 to 10550 where break out levels for the index is lying.

Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of around 11250 to 11300.

Broad range for the index is seen from 10600 to 10700 on downside & 11200 to 11300 on upside.

Nifty Auto Outlook for the Week (July 10, 2017 – July 14, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (July 10, 2017 – July 14, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.80%.

As we have mentioned last week that minor resistance for the index lies in the zone of 10600 to 10700. Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of around 11250 to 11300. During the week the index manages to hit a high of 10785 and close the week around the levels of 10729.

Minor support for the index lies in the zone of 10600 to 10650. Support for the index lies in the zone of 10500 to 10550 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10300 to 10350 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 10700 to 10800. Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of around 11250 to 11300.

Broad range for the index is seen from 10400 to 10500 on downside & 11000 to 11100 on upside.

Nifty Auto Outlook for the Week (July 03, 2017 – July 07, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (July 03, 2017 – July 07, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 0.90%.

As we have mentioned last week that minor resistance for the index lies in the zone of 10700 to 10800. Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of around 11250 to 11300. During the week the index manages to hit a high of 10680 and close the week around the levels of 10540.

Support for the index lies in the zone of 10500 to 10550 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10300 to 10350 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 10600 to 10700. Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of around 11250 to 11300.

Broad range for the index is seen from 10000 to 10100 on downside & 11000 to 11100 on upside.

Nifty Auto Outlook for the Week (June 27, 2017 – June 30, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (June 27, 2017 – June 30, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 2.10%.

As we have mentioned last week that support for the index lies in the zone of 10600 to 10650 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10300 to 10400 where Fibonacci levels and short term moving averages are lying. During the week the index manages to hit a low of 10624 and close the week around the levels of 10637.

Support for the index lies in the zone of 10600 to 10650 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10300 to 10400 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 10700 to 10800. Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of around 11250 to 11300.

Broad range for the index is seen from 10000 to 10100 on downside & 11000 to 11100 on upside.

Nifty Auto Outlook for the Week (June 19, 2017 – June 23, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (June 19, 2017 – June 23, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 1.60%.

As we have mentioned last week that resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of around 11250 to 11300. During the week the index manages to hit a high of 11056 and close the week around the levels of 10869.

Support for the index lies in the zone of 10600 to 10650 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10300 to 10400 where Fibonacci levels and short term moving averages are lying.

Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of around 11250 to 11300.

Broad range for the index is seen from 10500 to 10600 on downside & 11000 to 11100 on upside.

Nifty Auto Outlook for the Week (June 12, 2017 – June 16, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (June 12, 2017 – June 16, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.00%.

As we have mentioned last week that minor support for the index lies in the zone of 10750 to 10800. Support for the index lies in the zone of 10600 to 10650 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10300 to 10400 where Fibonacci levels are lying. During the week the index manages to hit a low of 10793 and close the week around the levels of 11047.

Minor support for the index lies in the zone of 10850 to 10900. Support for the index lies in the zone of 10600 to 10650 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10300 to 10400 where Fibonacci levels and short term moving averages are lying.

Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of around 11250 to 11300.

Broad range for the index is seen from 10500 to 10600 on downside & 11300 to 11400 on upside.

Nifty Auto Outlook for the Week (June 05, 2017 – June 09, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (June 05, 2017 – June 09, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 2.10%.

As we have mentioned last week that resistance for the index lies in the zone of 10800 to 10850. If the index manages to close above these levels then the index can move to the levels of around 11000 to 11100 where Fibonacci levels are lying. During the week the index manages to hit a high of 10993 and close the week around the levels of 10942.

Minor support for the index lies in the zone of 10750 to 10800. Support for the index lies in the zone of 10600 to 10650 where break out levels for the index is lying. If the index manages to close below these levels then the index can drift to the levels of 10300 to 10400 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 11000 to 11100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of around 11250 to 11300.

Broad range for the index is seen from 10500 to 10600 on downside & 11300 to 11400 on upside.

Nifty Auto Outlook for the Week (May 29, 2017 – June 02, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (May 29, 2017 – June 02, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 2.90%.

As we have mentioned last week that resistance for the index lies in the zone of 10450 to 10500 where the index has formed a top in the month of September-2016. If the index manages to close above these levels then the index can move to the levels of around 10650 to 10750. During the week the index manages to hit a high of 10760 and close the week around the levels of 10712.

Minor support for the index lies in the zone of 10450 to 10500. Support for the index lies in the zone of 10150 to 10250 from where the index broke out of February-2017, March-2017 and April-2017 highs. If the index manages to close below these levels then the index can drift to the levels of around 9900 to 9950 where medium term moving averages are lying.

Resistance for the index lies in the zone of 10800 to 10850. If the index manages to close above these levels then the index can move to the levels of around 11000 to 11100 where Fibonacci levels are lying.

Broad range for the index is seen from 10300 to 10400 on downside & 11000 to 11100 on upside.

Nifty Auto Outlook for the Week (May 22, 2017 – May 26, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (May 22, 2017 – May 26, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on absolutely flat note.

As we have mentioned last week that resistance for the index lies in the zone of 10450 to 10500 where the index has formed a top in the month of September-2016. If the index manages to close above these levels then the index can move to the levels of around 10650 to 10750. During the week the index manages to hit a high of 10680 and close the week around the levels of 10410.

Minor support for the index lies in the zone of 10300 to 10350. Support for the index lies in the zone of 10100 to 10200 from where the index broke out of February-2017, March-2017 and April-2017 highs. If the index manages to close below these levels then the index can drift to the levels of around 9900 to 9950 where short term moving averages are lying.

Resistance for the index lies in the zone of 10450 to 10500 where the index has formed a top in the month of September-2016. If the index manages to close above these levels then the index can move to the levels of around 10650 to 10750.

Broad range for the index is seen from 10100 to 10200 on downside & 10600 to 10650 on upside.

Nifty Auto Outlook for the Week (May 15, 2017 – May 19, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (May 15, 2017 – May 19, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 3.20%.

As we have mentioned last week that minor resistance for the index lies in the zone of 10200 to 10250. Resistance for the index lies in the zone of 10350 to 10380. If the index manages to close above these levels then the index can move to the levels of around 10450 to 10500 where the index has formed a top in the month of September-2016. During the week the index manages to hit a high of 10461 and close the week around the levels of 10429.

Minor support for the index lies in the zone of 10300 to 10350. Support for the index lies in the zone of 10100 to 10200 from where the index broke out of February-2017, March-2017 and April-2017 highs. If the index manages to close below these levels then the index can drift to the levels of around 9900 to 9950 where short term moving averages are lying.

Resistance for the index lies in the zone of 10450 to 10500 where the index has formed a top in the month of September-2016. If the index manages to close above these levels then the index can move to the levels of around 10650 to 10750.

Broad range for the index is seen from 10100 to 10200 on downside & 10600 to 10650 on upside.

Nifty Auto Outlook for the Week (May 08, 2017 – May 12, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (May 08, 2017 – May 12, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 1.40%.

As we have mentioned last week that resistance for the index lies in the zone of 10350 to 10380. If the index manages to close above these levels then the index can move to the levels of around 10450 to 10500 where the index has formed a top in the month of September-2016. During the week the index manages to hit a high of 10352 and close the week around the levels of 10108.

Support for the index lies in the zone of 10050 to 10100 from where the index broke out of March-2017 and April-2017 highs. If the index manages to close below these levels then the index can drift to the levels of around 9850 to 9900 where short term moving averages are lying.

Minor resistance for the index lies in the zone of 10200 to 10250. Resistance for the index lies in the zone of 10350 to 10380. If the index manages to close above these levels then the index can move to the levels of around 10450 to 10500 where the index has formed a top in the month of September-2016.

Broad range for the index is seen from 9850 to 9900 on downside & 10300 to 10350 on upside.

Nifty Auto Outlook for the Week (May 02, 2017 – May 05, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (May 02, 2017 – May 05, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 0.50%.

As we have mentioned last week that support for the index lies in the zone of 9840 to 9870 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9730 to 9780 where the index broke out after consolidation. Below these levels the index can drift to the levels around 9650 to 9700 where medium term & 200 Daily moving averages are lying. During the week the index manages to hit a low of 9871 and close the week around the levels of 10255.

Support for the index lies in the zone of 10050 to 10100 from where the index broke out of March-2017 and April-2017 highs. If the index manages to close below these levels then the index can drift to the levels of around 9850 to 9900 where short term moving averages are lying.

Resistance for the index lies in the zone of 10350 to 10380. If the index manages to close above these levels then the index can move to the levels of around 10450 to 10500 where the index has formed a top in the month of September-2016.

Broad range for the index is seen from 10000 to 10050 on downside & 10400 to 10450 on upside.

Nifty Auto Outlook for the Week (April 24, 2017 – April 28, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (April 24, 2017 – April 28, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 0.50%.

As we have mentioned last week that support for the index lies in the zone of 9840 to 9870 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9730 to 9780 where the index broke out after consolidation. During the week the index manages to hit a low of 9784 and close the week around the levels of 9859.

Support for the index lies in the zone of 9840 to 9870 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9730 to 9780 where the index broke out after consolidation. Below these levels the index can drift to the levels around 9650 to 9700 where medium term & 200 Daily moving averages are lying.

Minor resistance for the index lies in the zone of 9900 to 9930. Resistance for the index lies in the zone of 10000 to 10100 from where the index sold off in the month of November-2016 and February-2017. If the index manages to close above these levels then the index can move to the levels of 10200 to 10250 where trend-line joining highs of September-2016 and October-2016 is lying.

Broad range for the index is seen from 9700 to 9730 on downside & 10000 to 10050 on upside.

Nifty Auto Outlook for the Week (April 17, 2017 – April 21, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (April 17, 2017 – April 21, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 0.90%.

As we have mentioned last week that resistance for the index lies in the zone of 10000 to 10100 from where the index sold off in the month of November-2016 and February-2017. If the index manages to close above these levels then the index can move to the levels of 10200 to 10250 where trend-line joining highs of September-2016 and October-2016 is lying. During the week the index manages to hit a high of 10060 and close the week around the levels of 9907.

Support for the index lies in the zone of 9840 to 9870 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9730 to 9780 where the index broke out after consolidation.

Resistance for the index lies in the zone of 10000 to 10100 from where the index sold off in the month of November-2016 and February-2017. If the index manages to close above these levels then the index can move to the levels of 10200 to 10250 where trend-line joining highs of September-2016 and October-2016 is lying.

Broad range for the index is seen from 9730 to 9780 on downside & 10100 to 10150 on upside.

Nifty Auto Outlook for the Week (April 10, 2017 – April 13, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (April 10, 2017 – April 13, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.10%.

As we have mentioned last week that minor resistance for the index lies in the zone of 9920 to 9960. Resistance for the index lies in the zone of 10000 to 10100 from where the index sold off in the month of November-2016 and February-2017. If the index manages to close above these levels then the index can move to the levels of 10200 to 10250 where trend-line joining highs of September-2016 and October-2016 is lying. During the week the index manages to hit a high of 10073 and close the week around the levels of 9994.

Minor support for the index lies in the zone of 9920 to 9940. Support for the index lies in the zone of 9840 to 9870 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9730 to 9780 where the index broke out after consolidation.

Resistance for the index lies in the zone of 10000 to 10100 from where the index sold off in the month of November-2016 and February-2017. If the index manages to close above these levels then the index can move to the levels of 10200 to 10250 where trend-line joining highs of September-2016 and October-2016 is lying.

Broad range for the index is seen from 9800 to 9850 on downside & 10200 to 10250 on upside.

Nifty Auto Outlook for the Week (April 03, 2017 – April 07, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week  (April 03, 2017 – April 07, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on absolutely flat note.

As we have mentioned last week that support for the index lies in the zone of 9800 to 9820 where the index has opened gap up. If the index manages to close below these levels then the index can drift to the levels of 9600 to 9650 where Fibonacci level is lying. During the week the index manages to hit a low of 9795 and close the week around the levels of 9880.

Support for the index lies in the zone of 9800 to 9820 where the index has opened gap up. If the index manages to close below these levels then the index can drift to the levels of 9600 to 9650 where Fibonacci level is lying.

Minor resistance for the index lies in the zone of 9920 to 9960. Resistance for the index lies in the zone of 10000 to 10100 from where the index sold off in the month of November-2016 and February-2017. If the index manages to close above these levels then the index can move to the levels of 10200 to 10250 where trend-line joining highs of September-2016 and October-2016 is lying.

Broad range for the index is seen from 9600 to 9650 on downside & 10000 to 10050 on upside.

Nifty Auto Outlook for the Week (March 27, 2017 – March 31, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week (March 27, 2017 – March 31, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 1.30%.

As we have mentioned last week that minor support for the index lies in the zone of 9880 to 9910. Support for the index lies in the zone of 9800 to 9820 where the index has opened gap up. If the index manages to close below these levels then the index can drift to the levels of 9600 to 9650 where Fibonacci level is lying. During the week the index manages to hit a low of 9789 and close the week around the levels of 9878.

Support for the index lies in the zone of 9800 to 9820 where the index has opened gap up. If the index manages to close below these levels then the index can drift to the levels of 9600 to 9650 where Fibonacci level is lying.

Minor resistance for the index lies in the zone of 9920 to 9960. Resistance for the index lies in the zone of 10000 to 10100 from where the index sold off in the month of November-2016 and February-2017. If the index manages to close above these levels then the index can move to the levels of 10200 to 10250 where trend-line joining highs of September-2016 and October-2016 is lying.

Broad range for the index is seen from 9600 to 9650 on downside & 10000 to 10050 on upside.

Nifty Auto Outlook for the Week (March 20, 2017 – March 24, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week (March 20, 2017 – March 24, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 2.35%.

As we have mentioned last week that minor resistance for the index lies in the zone of 9820 to 9850. Resistance for the index lies in the zone of 10000 to 10100 from where the index sold off in the month of November-2016 and February-2017. If the index manages to close above these levels then the index can move to the levels of 10200 to 10250 where trend-line joining highs of September-2016 and October-2016 is lying. During the week the index manages to hit a high of 10088 and manages to close the week around the levels of 10009.

Minor support for the index lies in the zone of 9880 to 9910. Support for the index lies in the zone of 9800 to 9820 where the index has opened gap up. If the index manages to close below these levels then the index can drift to the levels of 9600 to 9650 where Fibonacci level is lying.

Resistance for the index lies in the zone of 10000 to 10100 from where the index sold off in the month of November-2016 and February-2017. If the index manages to close above these levels then the index can move to the levels of 10200 to 10250 where trend-line joining highs of September-2016 and October-2016 is lying.

Broad range for the index is seen from 9800 to 9850 on downside & 10200 to 10250 on upside.

Nifty Auto Outlook for the Week (March 14, 2017 – March 17, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week (March 14, 2017 – March 17, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 1.00%.

As we have mentioned last week that minor support for the index lies in the zone of 9650 to 9680. Support for the index lies in the zone of 9580 to 9620 where Fibonacci level is lying and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9350 to 9400 where 200 Daily SMA and breakout levels are lying. During the week the index manages to hit a low of 9644 and close the week around the levels of 9779.

Minor support for the index lies in the zone of 9680 to 9710. Support for the index lies in the zone of 9580 to 9620 where Fibonacci level is lying. If the index manages to close below these levels then the index can drift to the levels of 9400 to 9440 where 200 Daily SMA and breakout levels are lying.

Minor resistance for the index lies in the zone of 9820 to 9850. Resistance for the index lies in the zone of 10000 to 10100 from where the index sold off in the month of November-2016 and February-2017. If the index manages to close above these levels then the index can move to the levels of 10200 to 10250 where trend-line joining highs of September-2016 and October-2016 is lying.

Broad range for the index is seen from 9600 to 9650 on downside & 9900 to 9950 on upside.

Nifty Auto Outlook for the Week (March 06, 2017 – March 10, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week (March 06, 2017 – March 10, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 0.80%.

As we have mentioned last week that minor resistance for the index lies in the zone of 9810 to 9850. Resistance for the index lies in the zone of 10000 to 10100 from where the index sold off in the month of November-2016. If the index manages to close above these levels then the index can move to the levels of 10200 to 10250 where trend-line joining highs of September-2016 and October-2016 is lying. During the week the index manages to hit a high of 9821 and close the week around the levels of 9680.

Minor support for the index lies in the zone of 9650 to 9680. Support for the index lies in the zone of 9580 to 9620 where Fibonacci level is lying and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9350 to 9400 where 200 Daily SMA and breakout levels are lying.

Minor resistance for the index lies in the zone of 9810 to 9850. Resistance for the index lies in the zone of 10000 to 10100 from where the index sold off in the month of November-2016 and February-2017. If the index manages to close above these levels then the index can move to the levels of 10200 to 10250 where trend-line joining highs of September-2016 and October-2016 is lying.

Broad range for the index is seen from 9500 to 9550 on downside & 9850 to 9900 on upside.

Nifty Auto Outlook for the Week (February 27, 2017 – March 03, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week (February 27, 2017 – March 03, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on positive note gaining around 0.80%.

As we have mentioned last week that minor resistance for the index lies in the zone of 9750 to 9800. Resistance for the index lies in the zone of 10000 to 10100 from where the index sold off in the month of November-2016. If the index manages to close above these levels then the index can move to the levels of 10200 to 10250 where trend-line joining highs of September-2016 and October-2016 is lying. During the week the index manages to hit a high of 9808 and close the week around the levels of 9762.

Minor support for the index lies in the zone of 9700 to 9730. Support for the index lies in the zone of 9520 to 9580 where Fibonacci level is lying and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9300 to 9350 where 200 Daily SMA and breakout levels are lying.

Minor resistance for the index lies in the zone of 9810 to 9850. Resistance for the index lies in the zone of 10000 to 10100 from where the index sold off in the month of November-2016. If the index manages to close above these levels then the index can move to the levels of 10200 to 10250 where trend-line joining highs of September-2016 and October-2016 is lying.

Broad range for the index is seen from 9500 to 9550 on downside & 9900 to 9950 on upside.

Nifty Auto Outlook for the Week (February 20, 2017 – February 24, 2017)

EquityPandit’s Outlook for NIFTY Auto for the week (February 20, 2017 – February 24, 2017) :

NIFTY AUTO:

 

NIFTYAUTO

 

Nifty AUTO index closed the week on negative note losing around 3.00%.

As we have mentioned last week that resistance for the index lies in the zone of 10000 to 10100 from where the index sold off in the month of November-2016. If the index manages to close above these levels then the index can move to the levels of 10250 to 10350 where trend-line joining highs of September-2016 and October-2016 is lying. If the index manages to close above these levels then the index can move to the levels of 10450 to 10500 where the index was top out in the month of September-2016. During the week the index manages to hit a high of 10030 and close the week around the levels of 9684.

Support for the index lies in the zone of 9520 to 9580 where Fibonacci level is lying and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 9300 to 9350 where 200 Daily SMA and breakout levels are lying.

Minor resistance for the index lies in the zone of 9750 to 9800. Resistance for the index lies in the zone of 10000 to 10100 from where the index sold off in the month of November-2016. If the index manages to close above these levels then the index can move to the levels of 10200 to 10250 where trend-line joining highs of September-2016 and October-2016 is lying.

Broad range for the index is seen from 9300 to 9350 on downside & 9900 to 9950 on upside.