Short
Mindtree
NSE:MINDTREE
Mindtree is looking weak on hourly chart.
Below 1455 it's a shorting opportunity and above 1485 it's a buying opportunity. Although it made a cup and handle formation but it is failing to sustain. So it's likely to fall from here. Downside support will be 1420, 1365, 1300. If anyone holding, should exit from here, any fresh trade can be taken on the given level. For buying the resistance will be at 1530.
Mindtree is looking weak on hourly chart.
Below 1455 it's a shorting opportunity and above 1485 it's a buying opportunity. Although it made a cup and handle formation but it is failing to sustain. So it's likely to fall from here. Downside support will be 1420, 1365, 1300. If anyone holding, should exit from here, any fresh trade can be taken on the given level. For buying the resistance will be at 1530.
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