MINDA INDUSTRIES NSE:​MINDAIND

Minda Ind: Support 257, resistance at 317. If it is crossed, target is 360

Minda Industries formed ascending triangle. The stock is stuck in 400-440 channel, a breakout on either side would decide the course of path.

for Educational purpose only

heading north

A close above 432 today will further take it to level of 460-480 with a sl below 420

-Broke out of a small inverted H & S pattern and held the retest. -Consolidating nicely in a bigger inverted H & S pattern. -Nice volume action. -Long term ascending triangle. -MACD Bullish cross. Not an investment advice. Do your own due diligence.

-Stock broke out of a symmetrical triangle on huge volume. -Stock is consolidating nicely while forming a bull flag. -Stock also forming a long term ascending triangle. -Bullish MACD. -Stock should consolidate for a few days and then shoot higher IMO. Not an investment advice. Do your own due diligence.

Buy MINDAIND above 1280 T1: 1325 T2: 1385 T3: 1480 SL: 1239

Entry - 404.24 stoploss - 386.8 targer - 443.7