VR_Securities

Mindtree Bearish

Short
NSE:MINDTREE   None
Mindtree is looking bearish on chart. Price is below 50 EMA in daily time frame and lower bollinger band challenged and all EMAS negative crossover and volume is good. Weekly price is also below 50 EMA and lower half of bollinger band.
Weekly MACD flat after up and below zero line
Monthly MACD NCO
Weekly stochastic NCO
Weekly RSI is below 60
Daily RSI is at 40
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