NSE:MINDACORP Safe players can enter the trade on retracement with strict SL.....
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3. Learn before executing the trade..
4. Always wait for candle close..
5. To learn more about patterns and trading... contact us.. Thanks..
Price forming a rounding bottom and it will break to the trend lines soon.
One can easily find the support and resistance levels and its importance after looking at this analysis.
Check the message for the lower time frame analysis which is more clear to initiate a trade if you like.
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#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
Minda Corp is now in break out of the Head and Shoulder pattern.
The Stock turn goods for the Investors @ 35.00
Target 1 - 50
Target 2 - 60
Target 3 - 70
Disclaimer: Kindly do your own analysis before executing the trade
I don't need to write more about this stock technically because I already have taught for this Top reversal head and should pattern :
As per the downward channel, we can create a trade setup :
Risky Investors can buy at Rs. 47 first entry...
One can look for Small SIP or Investments on every drop up to 35
You can invest around 25000 INR in this scrip and i am looking you can sell this in 2 Years near 150+ ,
Fundamentally they are reviving to new Products launch using latest technology GPS and Fingerprint based ( App based ) Locks Manufacturing in near term , Look for investment purpose only