I would suggest that one should stay away from the trading as far as auto sector is concerned. There are opportunities in the other sectors and that needs to be tracked. But as of now, we see auto index is likely to remain in the consolidation.
Dalal Street Week Ahead: Nifty seen consolidating further before next directional move
The Nifty experienced a mild corrective movement, trading in a downward-biased consolidation phase and ending the week with a slight loss. Despite a supportive Fed