MINDACORP trade ideas
SWING TRADE IN MINDA CORPMINDACORP gave an amazing breakout, in daily TF.It can be a Great Swing trade.
buy | longMinda Corp. Chart
Can buy mindacorp at current level for Target 1st 244 and 2nd target of 274
Trade Setup In Minda Corp LTDTrade Setup In Minda corp.
Symmetrical triangle type pattern In Minda Corp LTD
Buy Entry Setup:-
Buy Above 206
Stoploss below 196
Targets 216, 226, 236, 246.
Sell Entry Setup:-
Sell Below 193
Stoploss above 203
Targets 183, 173, 163, 153.
#swingtrading
Minda Corp BreakoutThe 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.
target renwe 380In 9MFY22 the company's 49.8% revenue was from 2-3 wheelers, CV is 21.9% & PV is 12.1%.
83.8% business is from India.
Out of Total orders of 42,318mn 23,626 was from New Business and other was from Replacement business. The EV orderbook out of Total order was 8426 mn & Export was for 2584 mn rest was Domestic order.
Business win from EV Players worth 8,426 million demonstrates MCL as one stop shop for EV related Products.
For 9MFY22 revenue rose 28.5%, Ebitda rose 46%, PAT rose 190%. Margins rose 110 bps, Profit margis rose 320 bps.
Customers are Ampere, Ashok Leyland, Bajaj Auto, CNH, Hero Electric, Hero Moto Corp, Honda Motorcycle and Scooter India, Hyundai, Mahindra & Mahindra, Maruti Suzuki, OLA Electric, Polarity, Revolt, Suzuki Motorcycle, TVS Motor, Tata Motors, VE Commercial Vehicles, Yamaha Motor etc
Mindacorp on verge of breakoutMindacorp is trying to give a breakout from inverted head and shoulders pattern.
Good trade if closes above 210 today. Safe above 215.
MINDACORP LONG..........MINDACORP DAILY CHAT IS SHOW ROUNDING BOTTOM FORMATION ..............
Mindacorp Buy - 245,
add qty. 180,
Sl - 150,
Target - 400 (Mid-term swing)
ENJOY !
Buy Long- Mindacorp for target of 239, SL-200, Return-15.45%NSE:MINDACORP Formed inverted Head & Shoulder... and break out with increased Volume.
Minda Corp Retesting done and ready for breakoutHere it has again retested the previous level and ready for more upmove
minda corporationsevery time minda corporations broke out resistance levels those levels given support for next breakout
Rounding Bottom Breakout Minda CorpOn Daily time frame, We can see in few days rounding bottom pattern breakout. Enter positional trade above 230 for target of 410 .
Minda Corp Breakout TradeThe 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.
Minda Corp - Gearing up for setting a new ATHBreakout with volume
Outperforming index
Volume relatively less in candles before breakout indicating supply absorption
breakout with good volumesMinda was moving in a channel for some time and today it broke out of channel with good volumes ( positive sign)..if it retests the channel in coming days, it could make a big move up.
CMP -125.6
Target 1 - !39-40
Target 2 - 155
This is not advice to trade. Calculate your own risk/reward ratio and SL and trade.
Swing Trade MindacorpBuy NSE:MINDACORP
Buy @ 160-165
Short term : 200
Mid Term : 270
Stop Loss : 130
Note: I am not a Sebi Registered Advisor. Please Consult with your Financial Advisor before Investing.
MINDACORP nice triangle breakout !!!!NOT A TIP OR CALL ONLY FOR EDUCATIONAL PURPOSE
* Triangle breakout
* High volume
* Retesting
NSE:MINDACORP
Axis Direct Report @Thakurji46 From Trader for Trader💸 Buying the Dips and Selling the Rips #TrendAnalysis📈 #PriceAction👨💻 #ChartPattern✍️
Minda Corp. - Long side positional - BUYBuy at CMP
TGT
150
160
SL
119
Looks good for swing trading <
MINDACORP- PRICE VOLUME BREAKOUTSHORT TERM DELIVERY
MINDACORP
STRONG BUY RANGE 102 --- 96
STOPLOSS 87
TARGET 110 --- 120
RATIONAL :
➤ PRICE VOLUME BREAKOUT ON DAILY CHART
➤ RSI ABOVE 60 SUGGEST BUYING MOMENTUM
➤ MULTI MONTH BREAKOUT ABOVE 100 AFTER MARCH 2020
