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UNOMINDA
Our earlier bullish call on UNO Minda has played out with high accuracy ✅. The stock has successfully broken out above the ₹1,200–1,210 zone and is now trading firmly near ₹1,265+, backed by volumes and OI support.
📉 Technical Snapshot
✅ Strong breakout above multi-month resistance (₹1,200 zone)
📊 Volume confirmation + put writing at 1200 strikes → strong base
📈 RSI ~76 → momentum remains strong, though in overbought zone
🔄 Price action showing higher highs & higher lows → trend intact
📌 Key Levels to Watch
Supports: ₹1,210 (immediate), ₹1,160 (critical breakout base)
Resistances: ₹1,270 (near-term), above which rally can extend toward ₹1,300–1,320
💡 Outlook
Bias stays bullish in short term. Dips near ₹1,210–1,220 are likely to be bought into. Sustained close above ₹1,270 will keep the momentum alive toward ₹1,300–1,320.
🎯 Our Call Accuracy
✅ Suggested entry near ₹1,200–1,210 → stock rallied to ₹1,265+ within days
✅ Targets of ₹1,250 & ₹1,270 achieved; next leg toward ₹1,300+ now in play
👉 In short: UNO Minda has validated our bullish trade setup perfectly. As long as ₹1,160 holds, the upside bias continues toward ₹1,300+ 🚀#EquityResearch#FundamentalViews#TechnicalViews
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