Nifty Auto index

Nifty Auto index 1) Chart attached in media 2) This is monthly chart 3) Fib levels are drawn on charts 4) Current month has seen a very good retracement at 19800. Next big resistance is 22200 on charts. 5) Trend reversal seen on monthly charts 6) We see auto as a good sector for long term investing 7) Stock on radar -

8) This is for information 9) This is not a buy/sell call Thank you, Technofunda24