Nifty Auto zooms 3%. Check out the key technical levels for select stocks

Nifty Auto index gained over 3 per cent in intra-day trade on Wednesday, outperforming the benchmark Nifty50 that moved up around 1.3 per cent to 10,685 in intra-day trade.

Here’s how key auto counters look on the technical charts:

Bajaj Auto: The stock has crossed its 200-day moving average (DMA) and is also holding above the 100-DMA on closing basis as per daily chart patterns. During the recent market correction as well, the stock was relatively insulated. While the Nifty 50 index corrected 4.50 per cent, Bajaj Auto declined 3.23 per cent (w-o-w). It traded in the range between Rs