AvinashMudaliar

MINDTREE NOT AN INVESTMENT STOCK.. SELL SELL SELL

Short
NSE:MINDTREE   MINDTREE LTD
Mindtree already broke Momentum Support and Fell sharply, Recent Upside recovery is very Sloppy and in Narrow Range.

Already there are News going on this Stock in terms of Buy Back and Hostile take over by LT Infotech.

I expect Stock to continue its downside from here and keep falling. LTP 939 Expect Drop till 500 Level.

Would suggest to exit the current investment position on this stock.

Good Luck and Cheers!!!!!
Comment: Made Low 652 and now showing reversal sign. Short View Closed. Will Update Investment Chart soon