Uno Minda, a leading automotive components manufacturer, stands out as a compelling candidate for investors.
Reasons are listed below :
Target - 720 // 765
StopLoss - weekly close below 604
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
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
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Заметка
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.Заметка
Price made a high of 4.6%+Заметка
6% doneСделка закрыта: достигнута тейк-профит цена
1st target done : achieved 15% ++Заметка
Price made a high of 17.2% from our buying priceЗаметка
trend is intact, higher highs and higher lows are being made.Hold for target
Сделка закрыта: достигнута тейк-профит цена
2nd target done : 19% ++Заметка
Achieved 35% ++Заметка
Made a high of 63%+ from our buying priceЗаметка
made a high of 82%++Заметка
Approaching all time high!Заметка
could see further upmoveЗаметка
made a new all time, achieved 93%++Заметка
we might see a fresh rally if price closes above 1200
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.