Market Trading Guide: Minda Corp among 2 stock recommendations for Wednesday – Stock Ideas

Target Price: Rs 570 | Stop Loss: Rs 490

The stock price is in a gradual upside momentum over the last few sessions. We observe smaller degree bullish patterns like higher tops and bottoms in the last few sessions. Currently in an attempt of upside breakout of crucial resistance of around Rs 522-525 levels. Volume and RSI patterns are indicating positive bias for the stock price ahead.
Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities
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