MINDA INDUSTRIES

NSE

MINDAIND

NSE:MINDAINDhttps://www.tradingview.com/x/dvGV2hFE/https://www.tradingview.com/x/dvGV2hFE/https://www.tradingview.com/x/dvGV2hFE/

#MINDA INDUSTRIES - POSITIONAL MIDCAP CALL 17/ APRIL 2019 GOOD TO BUY ABOVE 390.10 STOPLOSS 360 TGT 418-420/445 & ABOVE CMP 376.45

MINDA IS FORMING INVERTED H&S AT 50% RETRACEMENT OF LAST HUGE RALLY FROM 110 TO 400+. BUYING MAY BE CONSIDERED IN THE ZONE 305-318 KEEPING STOP LOSS AT 298. ONCE IT REVERSES UPWARDS FROM 320 OR SO, IT MIGHT CROSS NECK LINE AND TRY TO REACH 400 AND 418. IT IS TIME CONSUMING. PATIENCE WILL PAY.

May move up to 370 SL below 326 (Closing basis).

MINDA IND- After a good runup, Now looking weak, SHORT expected below 338.00 for Initial Target of 330, 325. Close above 344 is strong for the stock & consider as SL. CMP- 340.65 CDt:- 8-March'18 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