Due to the shorterm price escallation and wanted to sonsolidate for a longer term. Auto Sector will be a huge under performer in the coming days. Passenger vehicles are already facing chip shortages that is yet to overcome. Macro factor like inflation is are real worrying factor for the auto sector. Once the price started fall from the current stage will bring the stock to the 33% Retracement as per the trend factor.
Trend Analysis

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