Nifty Auto Index Faces Bearish Pressure as Stocks Trade Below Key Long-Term Moving Averages
The Nifty Auto index has shown a notable decline, falling nearly 19% from its peak of 27,696 in September 2025. Currently, it stands at around 23,180, which is approximately 4.5% below its 200-Day Simple Moving Average (200-DMA). The 200-DMA is a crucial indicator for gauging the long-term trend of an index or stock. A price above this average signals a bullish trend, while a price below it suggests a bearish sentiment.
Nifty Auto Stocks Trading Below 200-DMA
A detailed analysis of the Nifty Auto index reveals that 13 out of its 15 constituent stocks are trading below their respective 200-DMA, signaling a predominantly negative trend. Among the worst performers are Hero Moto Corp, Tata Motors, and Bharat Forge, all of which are down over 20% below their 200-DMA levels.
Other stocks such as Sona Comstar, Motherson Sumi, Bajaj Auto, Tube Investments, and MRF are also trading more than 10% below their long-term moving averages. Eicher Motors and Mahindra & Mahindra are the only two stocks in the Nifty Auto index that are trading above their 200-DMA, showing positive momentum.
Key Stock Analysis:
- Bajaj Auto
- Current Price: Rs 8,804
- Downside Risk: 9.7%
- Support Levels: Rs 8,600; Rs 8,270
- Resistance Levels: Rs 9,100; Rs 9,750
Bajaj Auto is currently range-bound between Rs 8,600 and Rs 9,100. If the stock breaches Rs 9,265, it could move towards Rs 9,750. On the downside, a break below Rs 8,600 could push the stock further to Rs 8,270, with Rs 7,955 as the next level of support.
- Bosch
- Current Price: Rs 32,530
- Downside Risk: 9%
- Support Levels: Rs 32,100; Rs 31,500
- Resistance Levels: Rs 33,074; Rs 35,100
Bosch is trading below its 200-DMA, which is currently at Rs 33,074. The stock has broken this crucial moving average for the first time since October 2022. The support levels to watch are Rs 32,100 and Rs 31,500. A breakdown below these levels could push the stock towards Rs 29,600. Resistance for Bosch is at Rs 35,100.
- Maruti Suzuki
- Current Price: Rs 11,740
- Downside Risk: 11%
- Support Levels: Rs 11,260; Rs 10,935
- Resistance Levels: Rs 11,780; Rs 11,897
Maruti’s stock recently re-tested its 200-DMA after a gap of two months but is struggling to maintain levels above Rs 11,897. The stock is on the verge of turning negative, with a downward trend likely as the 20-WMA is set to fall below the 50-WMA. The next support levels for Maruti are Rs 11,260, Rs 11,075, and Rs 10,935, with a potential slide towards Rs 10,450.
