MINDACORP - Monthly BO | Minimum 50% Upside Long

MINDA CORP LTDNSE

Description

⋅ Dec 10, 2021 12:30 PM

NSE:MINDACORP

CMP near Breakout Neckline on Monthly Chart.
If December 2021 Monthly Closing is above 175-178 zone then BO is confirmed.

Minimum Upside : 50%
Next Targets : 212 - 294

SL : 147

Consistent high volumes signal accumulation
Monthly RSI > 60

Trade active

⋅ Jan 10, 2022 11:18 AM

Dec monthly closing above 178 confirms rounding bottom breakout.
CMP: 201
High of last week 212.

Keep adding as it's next target is 250-294.
Chart gaining strength

Comments

amitbikipandey

⋅ Dec 31, 2021 2:01 PM

Please update what can we assume now from the price action

manuvsingh

⋅ Jan 7, 2022 5:41 AM

@amitbikipandey, Dec monthly closing above 178 confirms rounding bottom breakout.
First target of 212 was achieved this week.

Keep adding as it's next target is 250-294.
Chart gaining strength