Updated
Mindtree Analysis
The stock is currently at its peak and will start retracing now.
It should retrace till about 1530.
Thus two trades exist.
Short Trade
Sell @ 1660
Target - 1530
SL - 1705
Long Trade (Wait till retracement)
But @ 1530
SL - 1490
Target - 1820
It should retrace till about 1530.
Thus two trades exist.
Short Trade
Sell @ 1660
Target - 1530
SL - 1705
Long Trade (Wait till retracement)
But @ 1530
SL - 1490
Target - 1820
Trade closed: stop reached
SL reachedTrade active
Stock retracing
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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.