TheUnlearningOne

Minda Corp Ltd (MINDACORP): Multi-year breakout...

Long
NSE:MINDACORP   MINDA CORP LTD
On Friday, the stock closed at 227.4, which is near the all time high price and multi year breakout level of 228.8

Buy zone between 214 - 228, is also a good consolidation zone.

Can see good momentum in the stock price upward of 228.

Initial price targets of 250 and 275 in the short/medium term.

However, one must manage their position based on their risk management.

Always keep a strict stop loss not more than 8%.

Note: Not a buy/sell recommendation
Trade active:
Initial targets of 250 and 275 achieved.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.