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Dev9939

Nifty Auto: Going at Full Speed

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Nifty Auto Index (NSE:CNXAUTO)  
Dev9939  
NSE:CNXAUTO   Nifty Auto Index
Wave Analysis
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waveanalysis
The index has retraced 0.618. Secondly wave V too is at 0.382 extension. Still there is no weakness but the speed might slow down. However close above 0.618 levels may keep the bulls busy.
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