stockyindiaa

Viewers Query - #MindaCorp @ 57 | Thursday | 28-May-20 | Daily

stockyindiaa Updated   
NSE:MINDACORP   MINDA CORP LTD
#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
Trade active:
- So the level of 62 crossed and signalling a BUY......hoping that closing will also be above 62 today.
- Huge volumes
Trade closed: target reached:
Trade closed at 64.
The formation of the candle during the late afternoon on an hourly chart was not supportive of the thesis. Though a double bottom was also made.... but let see if an opportunity comes at a lower level then will re-consider.

The earlier stipulated SL was at 61. But since trailing SL was about to hit so closed it prematurely due to selling came in Nifty too.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.