Bravetotrade
Long

Mindtree: Diverging Higher

NSE:MINDTREE   MINDTREE LTD
133 5 6
Just shot out of falling trendline with positive Stochastic divergence on Hourly charts. Signalling positive in near future.
Aggressive traders may enter at current price while other can wait for a pullback.
Short term resistances# are highlighted So manage your trades accordingly.

Thanks
#Consider resistance levels as zones and not absolute values.
Comment:
The stock gave a nice buying opportunity in 515-517 zone.
Currently the stock seems to be trading in a range.
Those who bought near 515 and 517 should put their stops at 509.80 for the targets of 528 and 540.
Trade closed: target reached: Target 528 hit. Those who want to play further should sell partial here and trail the rest with TSL @ 521 for current rate.
Comment: Expecting pullback to 524-526
Comment: Got the expected pullback..right?
Trade closed: target reached:
Comment: Those who would have followed and kept it for second target would be happy.
what is name of this indicator
Reply
Bravetotrade rupambose32
@rupambose32, CM stochastic multi timeframe
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rupambose32 Bravetotrade
@Afraidtotrade, thanks
Reply
nice bro
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Bravetotrade AkshatPatwa
@AkshatPatwa, thanks
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