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UnknownUnicorn3109011
Aug 3, 2018 4:58 AM

MINDTREE for Swing Trading Education

Description

MINDTREE can be bought for swing trading.

It formed double top and it came down to previous rejection/support point.

It broke out the support line and looks like it is Breakout failure.

Just for observation and education purpose only.

Comment



Price is in consolidation mode. Volume is low!

Comment

Price is moving in desired direction, Trailing SL.

Trade closed: target reached

Comments
sumeetjaidka
Hello sir

Can you please let me know if there is any specific course you offer for the swing trading

Thanks,
Sumeet
Skulpin
Sir if a stock bounces from a support level with a big bullish candle can't we buy from there in swing trade keeping stop below that support? I have taken position keeping this thought in view.
UnknownUnicorn3109011
@Skulpin, Okay nothing is right or wrong buddy! You know why you took entry which is good. Also, I am not saying you are wrong, I have just shared my point of view, please don't get me wrong.
Skulpin
Sir I already bought mind tree seeing that it is bouncing from the support level. But on the up move it has got rejected at 15 period moving avg( where u have marked buy here). I am still holding it as it is going to test the level again.
UnknownUnicorn3109011
@Skulpin, Idea entry should be above 969. You need to work on your FOMO (Fear of missing out). Patience is the key! Anyways let's see how it does from Monday.
UnknownUnicorn3109011
@analysissense, **Ideal
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