Applied Fibonacci retracement to Mindtree. Stock seems to be following these levels. Mindtree gave a breakout at 1100 levels a week ago. Given the trend stock could rally further to 1189 and 1214 levels. Buy with a tight stoploss of 1150 and expect 1189 on Mindtree.
Trade active
Stock seems to have broken the trend line. Sell on rise with a stoploss of 1165 target 1114.
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