UNO Minda: Falling trendline breakoutUno Minda is consolidating near falling trendline. If sustain above trendline can expect new ATH soon. Keep on radar for closing above falling trendline.
UNOMINDA trade ideas
Uno Minda LtdUno Minda Ltd
Double bottom formed, if breaks neckline expecting the good move.
CMP 577 and the long-term target is 745
It's just my view, trade your own risk.
UNOMINDAHere's another stock to keep an eye on. If you're considering buying, wait for the stock to close above the trendline on the daily chart.
UNOMINDABuy: Next open price
Sell: Will update, will review every weekend.
S/L: No need, will review every weekend.
UNO Minda: Falling trendline breakout on weekly time frameUNO Minda is looking good on chart. Keep on radar for closing above 590. Can expect new all time high levels soon.
UNOMINDA - Ichimoku Bullish Breakout Stock Name - Uno Minda Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 568
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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SWING TRADE : UNO MINDA (2.5:1) UNO MINDA has been lately developing a structure of retest of a break of structure & has retested the imbalances, entry @542 looks good with a SL @524 & target @582 as marked. Volume is the key here, when it gave a breakout there was a good volume expansion and when it retested, volume faded!
This is also a retest of a descending triangle or sloping trendline, safe traders can wait for a follow up candle as confirmation to enter.
Use strict SL & Targets and also do your own research! Thanks for reading!
I welcome your views.
UNO Minda Cmp 592 dated 9-9-2022 ROUNDING PATTERN BOUNO Minda Cmp 592 dated 9-9-2022
1. Rounding Pattern BO @595
2. RSI has Symmetrical triangle BO.
Rounding Pattern Tgt & Fibonnachi 1.618 level has same targets.
Buy for a tgt of 625-775 SL 545
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational
purpose. By no means shall be responsible for
any losses amounting out of it incase if any
trades on it.
It is just a view, pls trade at your own risk.
