UNOMINDA - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.4

Here’s a comprehensive technical analysis of UNO Minda Ltd (UNOMINDA)

📊 Trend Overview

Current Trend: Strong uptrend with price nearing its 52-week high of ₹1,334.

Price Action: Trading at ₹1,313, well above both the 50-DMA (₹1,199) and 200-DMA (₹1,058), confirming bullish momentum.

📈 Momentum Indicators

RSI (64.0): Bullish zone, approaching overbought territory. Indicates strong momentum but caution near ₹1,330+.

MACD (37.3): Strongly positive, confirming bullish crossover and trend continuation.

Volume: Current volume (7.78 lakh) is above the 1-week average (5.63 lakh), showing strong buying interest.

📉 Moving Averages

Indicator Value (₹) Signal

50-DMA 1,199 Strong Support

200-DMA 1,058 Strong Support

Current Price 1,313 Above both DMAs

📌 Bollinger Bands

Price is near the upper band, suggesting strong momentum but potential short-term resistance.

A breakout above ₹1,334 could trigger a rally toward ₹1,380–₹1,400.

🧭 Support & Resistance Zones

Immediate Support: ₹1,280–₹1,300

Major Support: ₹1,200 (50-DMA), then ₹1,150

Immediate Resistance: ₹1,334 (52-week high)

Major Resistance: ₹1,380–₹1,400, then ₹1,450+

🎯 Entry & Exit Zones

Optimal Entry: ₹1,280–₹1,300 (on pullback with MACD confirmation)

Exit Zone: ₹1,380–₹1,400 (first resistance), ₹1,450+ if momentum sustains

🔍 Conclusion

UNO Minda is trending upward with strong RSI and MACD signals. Price action above key moving averages and rising volume confirm bullish sentiment. A breakout above ₹1,334 with volume could signal further upside, while a pullback to ₹1,280–₹1,300 offers a favorable entry.

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