NeeteshJain

MINDTREE BREAKOUT SETUP

Long
BSE:MINDTREE   MINDTREE LTD
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
Trade active
Trade active
Trade closed: target reached: Target 1 reached successfully. Regards
Comment: Trendline Breakout confirmed.
Trade active
Trade closed: target reached: Target 2 reached successfully. Regards