MINDTREE BREAKOUT SETUP
Updated
It is been observed on the daily chart that the price action breaks above the previous resistance of 508 levels, indicating buyers taking control over price action. Now, it may further go up to 520 levels to cover and fill up the previous Gap down. It shall also trigger a big trendline breakout from there on. Regards
Target 1: 520
Target 2: 525
Stoploss: 500
Target 1: 520
Target 2: 525
Stoploss: 500
Trade active
Trade active
Trade closed: target reached
Target 1 reached successfully. RegardsNote
Trendline Breakout confirmed.Trade active
Trade closed: target reached
Target 2 reached successfully. Regards
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.