Resistance Alert + Proposed Consolidation
MINDA is seen optimist as a strong DTL on weekly view has been violated and the price was pushed higher above resistance level at 0.90. However, the price found resistance at 0.12 coincide with overbought condition is seen on daily RSI which could cause a pullback. Support is seen at 0.045.
The company has proposed for share consolidation. Hence share holders need to be prepared for the upcoming consequences.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only.
The company has proposed for share consolidation. Hence share holders need to be prepared for the upcoming consequences.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only.
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