NIFTY AUTO INDEX ANALYSIS 26-OCT-2024

NIFTY AUTO / CNXAUTO @ 23799

Downside can be 24545 (done), 23967, 22800, 21700

Reversal from any of these levels, first target 27103.

Further targets:

29300-30455-32200

37000-38100-41660

55555

https://in.tradingview.com/chart/CNXAUTO/MFc3IrMW-NIFTY-AUTO-CNXAUTO-23799/

TATAMOTORS @ 865

SUPPORTS: 655/534/370

BUY LEVELS: CMP (865), 845, 791, 742

TARGETS:

1132-1200-1310

1464

1601-1675-1782

2077-2146-2364

3234

https://in.tradingview.com/chart/TATAMOTORS/ZFCmrVqv-TATAMOTORS-865/

MARUTI @ 11503

SUPPORT: 9071/6400

Downside can be 11725 (done), 10697, 10234, 9834

Reversal from any of these levels first target 13405.

Upside targets:

13405-15055

16430

17734-18350-19401

22021-22720-24655

https://in.tradingview.com/chart/MARUTI/0chuwJtF-MARUTI-11503/

MOTHERSON @ 190

As long as 136/105 supports, we can see more upside towards 255/400/500

Upside Targets:

200-216

242-258-285

321

354-370-397

466-482-534

Buy Levels: CMP (190), 173, 160

https://in.tradingview.com/chart/MOTHERSON/0PxRNpSM-MOTHERSON-190/

TVSMOTOR @ 2450

Downside min target 2381 (done).

Further downside targets: 2303, 2266, 2177, 2025

Upside first target 2955-3082.

https://in.tradingview.com/chart/TVSMOTOR/a65NwU1f-TVSMOTOR-2450/