MINDACORP
MINDACORP - Monthly chart analysis - Multiyear breakoutThe analysis is done on Monthly TF hence price may take few weeks to several months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Minda Corp Ltd (MINDACORP): Multi-year breakout...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
Target 2 (52%) achieved in Minda Corp. Target 3 is ON...This is follow-up on Minda Corp. Can check link to related ideas.
Target 2 achieved. More than 52%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 3 achieved in Minda Corp. Gain of 78% Target 4 is ON.This is follow-up on Minda Corp. Can check link to related ideas.
Target 3 achieved. Gain of more than 78%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Weekly Rounding bottom possible in MINDACORPAll time high is 228.80 and stock is coming its all time high and formation rounding bottom. So wait till it breaks 228.80 with good Volume. If it breaks that range it can go till 400 range. Fundamentally company is good. Do your own analysis before investment.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalMINDA CORP LTD
Stock giving range breakout everytime
Broke its resistance and take as Support its previous resistance level
Now price is again at its Resistance levels
So watchout for breakout
Buy at CMP or safe buy above 215 levels for targets of 240/250
Keep Sl of 195/200 on Closing basis.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
MINDA CORP LTD (NO INDICATORS - ONLY PRICE ACTION)1) Take it as an intraday trade
2) Simple channel pattern to trade, one can enter after the breakout.
3) And the target always depends on price action, actually I don't set a target, I do take exits depending on price-action (and it varies from person to person's conviction)
4) still if you want to set a target then go with 1:2 or 1:3 risk reward
5) Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market)
NOTE: I only use simple Strategies that always give superior returns, Don't get carried away with all the complex strategies that are in the market. Complex doesn't necessarily mean good.
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Minda Corporation 19% upside potentialMinda Corp. (CMP: 197.80)
Breakout on Flag Pattern and near to medium term Daily EMAs. Very strong volume activity today. Today's volume is nearly 8 times that of monthly average volume.
Target can bee seen as 210/235; SL can be placed at 179. Duration of target = 16 March 2022, nearly 50 daily trading sessions.
Target 1 (30%) achieved in Minda Corp. Target 2 is ON...This is follow-up on Minda Corp. Can check link to related ideas.
Target 1 achieved. More than 30%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Minda Corporation Trade Setup For TomorrowAs you can see in the chart, Minda Corporation done the v shape recovery and after some consolidation.
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Stock has made a strong green candle now for tomorrow,
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If stock goes above 158, you can buy this trade for the target of 162.
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Note: Be cautious if market is negative, avoid the trade.
Breakout in Minda Corp...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.