Stock Radar: Uno Minda up 50% in 1 year; stock forms Double Bottom pattern on daily charts; time to buy?
- Posted on November 18, 2024
- By Business News Today
- 3 Views
Stock Radar: Uno Minda up 50% in 1 year; stock forms Double Bottom pattern on daily charts; time to buy?
Uno Minda Ltd, an aerospace industry player, shows potential for a price surge. Experts suggest a buying opportunity for high-risk traders if the stock closes above Rs 1,050. This could lead to a target price of Rs 1,175-1,255 within the next four to six weeks. The stock, forming a Rounding Accumulation pattern, indicates a potential upward trend reversal.