Sagar Nandi
Today, Auto Industry is the second-best performer within Nifty.

Auto Industries had languished in the past months and now showing signs of strength. The Auto Industry Scores are turning cyan.

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From Stock Scorecards, you can do a Peer Analysis in a few keystrokes. I searched for the Stocks in Auto Industry that are showing at least 15% Qtr over Qtr EPS Growth for the past 2 quarters. This is the list. Tata Motors (TAMO) has the most impressive return to EPS Growth in recent two quarters. It was having poor growth earlier. This may be the time for a turn around in the Stock?

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To confirm the possibility of turn around a Low-Risk Entry point, I use CUE At A Glance Chart. using that we see that Weekly is at a Long-Term Memory Trend Line Support. Daily is displaying a Bullish Headwind that is potential sign of reversal. This is clear sign for protecting profit in any Short position one may have (using Stock Futures or Options) and look for Long Entry. There may in fact be a Bullish Headwind Long Trade Setup as of today's Market Close.

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