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kapilvaidya1

Mindtree, Good Time to Short sell

Short
kapilvaidya1 Updated   
NSE:MINDTREE   None
Trend Analysis Chart Patterns MINDTREE negativedivergence Double Top doubletoppattern rsidivergence
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trendanalysis chartpattern mindtree negativedivergence doubletop doubletoppattern rsidivergence
As clearly shown on charts, Mindtree is currently facing weekly timeframe resistance

1) Momentum loss clearly seen
2) RSI below 60
3) Double Top Formation
4) Negative Divergence seen on daily charts

Confirmation of the pattern if 880 Broken, One can enter into positional long for a target of 730

Comment:
Waiting for 880 levels
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