Automobile Speeds Up: TATAMOTORS & ASHOKLEY on focus

  • The auto index is currently experiencing a robust uptrend, consistently forming higher highs and lows.
  • After breaking out of the parallel channel, the index underwent a consolidation phase before recently making a significant breakthrough.
  • This breakout has made the sector highly appealing from an investment standpoint.
  • Keep an eye on these stocks in this sector: Tata Motors, Ashok Leyland
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