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Published on 3/06/2020 2:47:23 PM | Source: HDFC Securities Ltd

Buy Minda Corp Ltd For Target Rs. 70 - HDFC Securities

Posted in Broking Firm Views - Short Term Report| #HDFC Securities #Trading Report #Minda Corporation Ltd

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Buy Minda Corp Ltd For Target Rs.  70 -  HDFC Securities

* After showing a minor declines/sideways consolidation, the stock price has shifted into an upside bounce today.

* Currently, the price is making an attempt to show upside move above the key upper resistance.

* The short-term trend has turned positive.

* We observe a formation of positive candlestick pattern as per intraday/daily timeframe chart.

* Volume has started to rise along with the up move in the stock price.

* The daily/intraday RSI is showing positive indication.

Buy Minda Corp Ltd 1-3 Days Target 70  SL 57.4

 

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