Long

Mindtree Ltd.

Updated
Company:- Mindtree Ltd.
Sector:- Information and Technology (IT)
Market Cap. :- 52000 Cr.
Category:- Midcap
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Buy @ 3160
Stop Loss @ 3000
Up-Side Target @ 3600 then 3960
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Technical:- On the 3-hour chart smart money formed a falling wedge chart pattern but the breakout was not yet complete. So if you are a breakout trader you can wait for the breakout. By the way, this is a bullish chart pattern.
I think this stock can outperform the IT sector. So my dear followers if you are interested you can buy this stock for 3 months perspective.
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Note:- Dear trader and Investor before taking any trade do your own analysis and consult your financial advisor because I'm not a SEBI registered advisor.
Note
Stock exactly moving according to my prediction.
Note
Trail your stop loss @ 3250 and book your 70% profit near 3600 level.
Chart PatternsTrend AnalysisWave Analysis

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