Technical Analysis UNO MINDA

The stock

is currently trading in a sideways range-bound zone after recovering from its 52-week low of ₹994. It is consolidating between ₹1100 and ₹1160 roughly 18% below its peak of ₹1382 meaning the long-term uptrend is intact but momentum has cooled off. On the support and resistance front, ₹1117 and ₹1096 are the two key support levels to watch. On the upside, ₹1167 is the immediate resistance followed by a stronger zone around ₹1230–1280. A close below ₹1096 would trigger a sell signal so that level is the line in the sand for bulls. For Short-Term Traders the stock is range-bound between ₹1,096 and ₹1,167, so the play is simple — buy near ₹1100–1117 support with a stop below ₹1090 and book partial profits near ₹1167. A volume-backed breakout above ₹1167 can give a quick move toward ₹1200–1230 but chasing above resistance without confirmation is risky. If it breaks below ₹1090 on closing basis, better to exit and wait. For Holders if you're already sitting on a position there's no reason to panic the stock is 18% off its peak but fundamentals remain strong with revenue and profits growing every quarter. The ₹1096 level is acting as a solid floor and analyst consensus target of ₹1,226 suggests decent upside from current levels. Sit tight, use any dip toward ₹1,100 to add more and the real re-rating will happen once it convincingly reclaims ₹1280+.