MINDA CORP is on ready to given breakout with high volume now price is 287 trh 310/330/340 sl 278 for short term
long term above 302 trg 340/380/420 and above sl 278
Hey traders this the weekly chart of Minda Coporation wher this stock is givinf brekout of trendline which is important as support line and near swing low 188 zone can be next support so NO Buying view.
NSE:MINDACORP
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Heyy!! it looks like it has started uptrend so 73 76+ can be seen if it doesn't give any bad news or breakdown happens ..... but the market is supreme so let's see what will happen. #learner
