Sunday, November 11, 2018

Cracks in Automobile Sector

During Data-mining on Indian Economy, we have fond an interesting fact : The output of bodies/ chassis of buses and minibuses declined 38.3% and bodies of trucks, lorries and trailers 42.4% in August 2018.
The above words suggests that Auto sector is going to face downturn in coming days support Dow Theory, wherein Auto sector is the 1st to factor the negative or positive of a Bull or bear market.



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