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Dhiraj_Ahuja
Dec 8, 2021 11:51 PM

Mindtree (Hourly) - Double Bottom Chart Pattern  

Description

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

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