Automobile Speeds Up: TATAMOTORS & ASHOKLEY on focus

28 Jul

• 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