UNO Minda is showing strength after breaking out of a falling trendline channel. The stock is now hovering near the ₹1038–1044 supply zone with a strong volume base at ₹1018.
Observations:
If it sustains above ₹1044, the next logical target is ₹1130+. Support remains strong at ₹1018 and ₹980. As long as price holds above these levels, the structure remains bullish.
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Observations:
- Multiple trendline breakouts
- Price holding above POC at ₹1018
- Minor consolidation below resistance
If it sustains above ₹1044, the next logical target is ₹1130+. Support remains strong at ₹1018 and ₹980. As long as price holds above these levels, the structure remains bullish.
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Explore more stock ideas on the right hand side your feedback means a lot to me!
Disclaimer: This post is for educational purposes only and should not be considered a buy/sell recommendation.
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✆ t.me/iVishalPal
Yt: t.ly/frb4G
LinkedIn: t.ly/g_SjB
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TradingView: t.ly/-UGgZ
Telegram: t.me/traderpulseyt
Penerbitan berkaitan
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.