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Last Updated : Jul 23, 2019 12:44 PM IST | Source: Moneycontrol.com

Buy or Sell | Nifty may correct towards 11,120; autos may slip further

Nifty midcap index went down by close to 4 percent

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Bears are in full control of the Nifty. The broader markets underperformed the Nifty by a good margin, Nifty midcap index went down by close to 4 percent whereas the Nifty smallcap index also went down by around 3.6 percent.

Nifty Auto created a fresh 52-week lows and we would like to go stock specific within those. We are sensing good amount of correction in auto pack, says Pushkaraj Sham Kanitkar, AVP - Technical Research at GEPL Capital.

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First Published on Jul 23, 2019 12:44 pm
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