The auto sector in the last trading session is showing good momentum. The daily, weekly & monthly RSI are above 60 and showing a strong momentum. Most of auto makers have posted good Q4 results. In this sector Eicher Motors & Maruti is showing good strength.
Maruti Suzuki is one of the out performers in this sector with a strong momentum as RSI in daily, weekly & monthly are above 60. In weekly chart there is a 'W' Pattern.
Maruti Suzuki is one of the out performers in this sector with a strong momentum as RSI in daily, weekly & monthly are above 60. In weekly chart there is a 'W' Pattern.