Dhiraj_Ahuja

Mindtree (Hourly) - Double Bottom Chart Pattern

NSE:MINDTREE   None
Mindtree (Hourly)- Double Bottom Chart Pattern

Current market price - 4653
Target - 4893

Bollinger band is challenged on the upper end
RSI is above 60
Stochastic 14,3,3 is in positive crossover
ADX is above 15 and +DI is above -DI in Directional Movement Index

On the daily tide, all indicators / oscillators are positive too
MACD of the daily tide is uptick

Elliott wave count
Price is in 3rd wave in hourly timeframe
Price is in 5th wave in daily timeframe


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.