Get started
MINDA CORPORATION LTDMINDA CORPORATION LTDMINDA CORPORATION LTD

MINDA CORPORATION LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

MINDACORP trade ideas

[Swing Buy] MINDACORP CMP 525 ; BO level - 560 around.Analysis: Pattern Formation: The chart shows three distinct lows at approximately the same price level, confirming the triple bottom pattern. This pattern is a bullish reversal indicator, suggesting that the stock might be moving upward after breaking out from its resistance level. Breakout Zone: The upper blue line acts as the resistance zone. A breakout above this level with significant volume would confirm the pattern and indicate a potential upward rally. I may enter once the following are satisfied.. Consider entering after a confirmed breakout above the resistance level (upper blue line), ideally with a volume spike. Moving averages and price action also indicate positive momentum. This is for education purpose..do your own research if you want to enter :)
NSE:MINDACORPLong
by Mujadid
MINDA CORPORATION LTD S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:MINDACORP
by zenthosh
Long entry on Minda corp above 497Can try for long entry , RSI reaching 70 now, a dip towards 485 can be bought target 505, 510, 515 . Stop loss 460 on daily closing basis( or one hour candle close) Duration 5 trading days Piotroski Score 8 Strength Strong Momentum: Price above short, medium and long term moving averages New 52 week high today Growth in Net Profit with increasing Profit Margin (QoQ) Company with Low Debt Company able to generate Net Cash - Improving Net Cash Flow for last 2 years Book Value per share Improving for last 2 years Company with Zero Promoter Pledge FII / FPI or Institutions increasing their shareholding Opportunities Positive Breakout Third Resistance ( LTP > R3) Brokers upgraded recommendation or target price in the past three months Negative to Positive growth in Sales and Profit with Strong Price momentum RSI indicating price strength Threats High PE (PE > 40) Increasing Trend in Non-Core Income www.tradingview.com Safe Entry above 497 on 15 minute candle close Standard Disclaimer : Not a Sebi registered analyst. Consult your financial advisor before investing.
NSE:MINDACORPLong
by ashikb1987
EXPECTED IMPORTANT DIRECTIONAL LEVELS FOR THE YEAR Hey Folks..! I have marked all the important directional level for this year. All the levels have the description, Bullish movements is expected in bullish range and Downside is expected in the bearish range. Use the levels either Standalone or Club these levels with your existing trading style & strategy it will surely give you an edge. If in case at any point of time MINDA CORP NSE:MINDACORP goes beyond these levels then i will either post additional levels in as an update or i will republish the idea with more levels. Rules are simple , Short trades can work well in the Red / Bearish ranges whereas Long trades can work well in the Bullish ranges / Green ranges. All the Best Folks ! Stay tuned for updates.
NSE:MINDACORPLong
by prachitv1
Analysis of Minda Corp: Potential Multibagger of Auto Ancillary Minda Corp, an auto ancillary company, has shown significant potential for future growth and investment. The stock recently broke out of a long-standing consolidation zone, forming a Cup with Handle pattern on the monthly timeframe. This bullish technical formation has sparked interest among investors. After trading within a consolidation zone for the past five years, Minda Corp experienced a breakout in April, signaling a potential shift in the stock's trajectory. The formation of a Cup with Handle pattern further strengthens the bullish case for the stock. This breakout suggests the end of a consolidation phase and presents opportunities for further price appreciation. Minda Corp encountered some profit booking in the recent month, but it appears that the stock has absorbed this impulsive move and is now poised for its next bullish run. This consolidation period can be viewed as a healthy correction, offering investors an entry point into the market. On the last Friday, Minda Corp displayed a significant bullish candle, closing 5.48% higher than the previous day. This surge was accompanied by substantial trading volume, with 3.8 million shares traded, representing a 219% increase compared to the 10-day average volume. Such a surge in buying interest indicates renewed market confidence and potential upward momentum. Minda Corp currently trades at a price-to-earnings (P/E) ratio of around 25, slightly above the median P/E of 22 observed over the past five years. While this suggests an optimistic outlook among investors. Minda Corp recently published its quarterly results, revealing a YoY increase in sales of 13%. This positive indicator reflects the company's growth potential. For investors considering a position in Minda Corp, a potential long entry could be initiated around the 295-300 price range, with a strict stop-loss level set at 274, representing an 8% downside risk while The projected price targets for the midterm period are 350, 390, and 450. However, these targets should be evaluated in the context of prevailing market conditions and the company's overall performance.
NSE:MINDACORPLong
by amitgupta50320
1