Seems good to trade for June 2, 2021Based on the closing, if it opens upto 3 to 4 % gap up tomorrow, expecting it to go higher later in the day. NSE:MINDACORP
MINDACORP
DAILY SWING CALL // Friday 07th of May 2021 // NSE: MINDACORPDAILY SWING CALL // Friday 07th of May 2021 // NSE:MINDACORP
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 108.4
TARGET: 125+ (15% Around)
STOP LOSS: 97 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
MINDA CORP - Let's Observe The last Chart of Hindustan Copper had many missing the entry before it broke out and hit upper circuit.
So here I bring Minda Corp which I think will emulate Hindustan Copper to some extent.
This is for everyone to learn as well.
Cup has been formed. Now either wait for a small pull back where one can accumulate after it turns around or be ready for it to race up and retest.
My Hunch is because of the Double Bottom, the stock is strong for an upward rally but the rejection candle may show temporary weakness providing everyone with an opportunity to enter this space.
MINDA CORP- BREAKOUOTPERFECT DOUBLE BOTTOM PATTERN. ABOUT TO GIVE A BREAKOUT. STRONG BUYING SEEN IN THE LAST TRADING SESSION WITH GOOD VOLUMES. REWARD TO RISK RATIO OF 2:1
Minda Corporation Long Trend Line BreakoutBuy At Cmp 95.4
Strict SL 83 (Weekly Closing Basis)
Target - 120/140/160++
Minda Corp Price AnalysisIF it sustain 80-82 Resistance Zone Then we Could take enter With The stoploss of long term supporting zone
Viewers Query - #MindaCorp @ 57 | Thursday | 28-May-20 | Daily #MindaCorp @ 57 | Thursday | 28-May-20 | Daily
- A double bottom formation
- But on longer term it has not sustained it's uptrend
- So, let this first cross 62 levels then will review
#NSE #Nifty #Nifty50 #Sensex #NiftyBank #NiftyAuto
Complete head and should pattern on MINDA CORP.I don't need to write more about this stock technically because I already have taught for this Top reversal head and should pattern :
Ref.
As per the downward channel, we can create a trade setup :
Risky Investors can buy at Rs. 47 first entry point
The next Entry point is Rs 47 or Rs. 33
NOTE: PERSONALLY I AVOID THIS STOCK FOR LONG BUT IF YOU HAVE PATIENCE THEN THE GIVEN LEVELS ARE BEST FOR INVETOSR.
MINDACORP -Keep this in your watchlist -Waiting for a Buy signalMINDACORP -Keep this in your watchlist -Waiting for a Buy signal on day and weekly charts
