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InvestPro_India
Jan 26, 2021 4:11 PM

Sell Mindtree Below 1730 Short

Description

The stock has formed a bearish pattern and looks weak if sustains below 1730 for the targets of 1675, 1630, and 1590 until 1810 is intact on the upside.

To motivate me, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team

Trade active

Comment

1st Target done.

Comment

2nd target done.
Comments
arupmahapatra
It seems to me that since the double top pattern has formed here, if the market goes down to 1650 ,
Then the market can go down to 1600
InvestPro_India
@arupmahapatra, yeah let's seems so, 1590 is our final target.
Parasuram
what is the bearish pattern here except that it is at the resistance?
InvestPro_India
@Parasuram, a dark cloud cover candle has been formed and indicators also showing that there is a weakness in the bullish momentum.
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