UNO MINDA LTD
Alış
Güncellendi

SWING IDEA - UNO MINDA

1 003
Uno Minda, a leading automotive components manufacturer, stands out as a compelling candidate for investors.

Reasons are listed below :
  • Multiple tests on the 600-630 levels followed by a breakout, now undergoing retesting, indicating a significant market shift.
  • Identification of a bullish "morning star" on the daily timeframe and a bullish "hammer" on the weekly timeframe, signaling potential upward momentum.
  • Strong support from the 50 EMA on the weekly and the 200 EMA on the daily timeframe, bolstering Uno Minda's price action.
  • Support from the golden Fibonacci zone reinforces the importance of current price levels, adding confidence to potential trades.
  • Consistent establishment of higher highs reflects a sustained bullish trend, aligning with swing trading strategies seeking upward movement.
  • A notable increase in trading volumes underscores growing investor interest and suggests the potential for sustained momentum.


Target - 720 // 765
StopLoss - weekly close below 604

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@visionary.growth.insights
Not
We can add quantity as price tried to push down in the previous week but this week it reversed and formed a bullish engulfing candle.
Not
Price made a high of 4.6%+
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6% done
İşlem kapandı: hedefe ulaştı
1st target done : achieved 15% ++
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Price made a high of 17.2% from our buying price
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trend is intact, higher highs and higher lows are being made.
Hold for target
İşlem kapandı: hedefe ulaştı
2nd target done : 19% ++
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Achieved 35% ++
Not
Made a high of 63%+ from our buying price
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made a high of 82%++
Not
Approaching all time high!
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could see further upmove
Not
made a new all time, achieved 93%++
Not
we might see a fresh rally if price closes above 1200

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.