UNO Minda on previous pullback support Stock sideways in daily chart while still bullish over weekly chart.
Expected return from here around 50% for long term.
UNOMINDA trade ideas
UNO MINDAUNO MINDA today makes a new fresh high and also it breaks the resistance zone of ATH. Can we go for Long from here or we should wait for some retracement ???
"UnoMinda" at the cusp of breakout! "UnoMinda" is a great counter to go Long on with high probability and great risk - reward ratio! The stock is about to breakout from a Cup Pattern. The price is at the cusp of breakout which is giving more confidence to enter the trade on Long Side.
#SniperTrade #Momentum #Options #CapitalMarkets #harshal95 #StockMarket
UNOMINDA inverse HNSUnominda has made small inverse head and shoulder with max SL of 1075 with target of 1425-1460 based on the pattern
August buy 10% club welcomeI thought not to post any stock for this month but after seeing this amazing break I would suggest buying 50% of your capability for 10%
Intraday scalpSolid signals on long scalp #UNOMINDA: Stock outperforming Vs Index. Strong Momentum, Strong trend .
UNO MINDA LTD S/RSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
Uno Minda LtdTargets given in chart - SL is closure below Trend line on DCB
Market Cap
₹ 36,469 Cr.
Current Price
₹ 636
High / Low
₹ 658 / 433
Stock P/E
53.2
Book Value
₹ 72.5
DividendYield
0.08 %
ROCE
19.4 %
ROE
17.2 %
Face Value
₹ 2.00
Promoter holding
70.0 %
EPS last year
₹ 11.4
EPS latest quarter
₹ 3.01
Debt
₹ 1,395 Cr.
Pledged percentage
0.00 %
Net CF
₹ -86.5 Cr.
Price to Cash Flow
45.7
Free Cash Flow
₹ -146 Cr.
Debt to equity
0.34
OPM last year
11.0 %
OPM 5Year
11.2 %
Reserves
₹ 4,041 Cr.
Price to book value
8.72
Int Coverage
13.0
PEG Ratio
2.92
Price to Sales
3.10
Market Cap to Sales
3.10
Qtr Profit Var
24.5 %
SWING IDEA - UNO MINDAUno 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
Unominda ready for big moveUnominda gave a clear breakout and retest of resistance levels on monthly basis time frame. I have men fib extensions targets as well. For easy reference
UNOMINDAFinally the stock is moving in to higher territory. In August we expected the stock to move up . But that move failed. Now the stock is taken out the Price Rejection Zone with Volume support. Other key parameters like Relative Strength, Money Flow, Buying Pressure all supporting the move. The minor, medium and long term trends are all up. The stock looks good to go.
💥UNO Minda💥-Nice Breakout💥UNO Minda💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-652-654
Breakout Price-652
Stoploss-564
Targets-843-1987
RT for max reach
#unominda #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
READY FOR BREAKOUTUNOMINDA-The future stock of EV-ERA is ready for breakout.Keep the eyes on the stock for good long term investment.
Buy Uno Minda in range of 570-610Buy Uno Minda in range of 570-610.
long term holding only.
target 2024-25 -> 1800-2400
UNOMINDA - Breakout of previous ATH lvlLooking at Weekly chart on UNOMINDA, it has broken its previous ATH lvl today.
Past 2 days have shown good volumes and this weeks volume clearly shows a pop compared to the earlier ones.
Initiated long here with a STOP at 625, expecting 700 soon as long as STOP is not taken out
UNO MINDA - A Stock to WatchAfter multiple Rejection at 590-627 levels the stock is again attempting to take out this Rejection Zone. The Relative strength and Money Flow are positive. A good close above 627 levels with volume support will put the stock back in up Trend mode.
MINDA going to breakout Just look at the volume on the chart. If this cross the year high Hope for some positive move.
It is essential to trade with prudence and thoughtfully analyze your risk management plan before executing any trades. Wishing you a successful trading experience!
Uno Minda : Bull Run 2025 Target : 1400-1460I believe UNO Minda is in a multi year accumulation range just like it did from 2017-2021 . My target for buying is : 320-296 Rs and selling is 1400-1460.
To keep on Watch List for Breakout Entry soon VCPObserved patterns
Lower Time frame
1) Flag
2) Higher Higher low
Higher TIme frame
1) VCP Squeeze formation on Higher time frame
2) Trend line support
3) Volume dryup during the squeeze. High volume sell off not getting follow through indicating exhaustion setting in..
Break out expected above or between 590 and 620..
View invalid below 520..
You can expect breakout supported by Huge Volume
