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KR_Market_Gurukul
Sep 14, 2021 3:20 AM

📈 Pre-open MTF #PriceAction Analysis by #KRMG (14 Sep) 

Description

👉 Stock 1- #MINDTREE
👉 Sector - IT
👨🏻‍🏫 Analysis Timeframes - Hourly and 15 min (Intra)

🎯 Commentary - MINDTREE has started strong Uptrend from 3700 Level in HOURLY TF, and also it has convincingly closed & broken above to its ALL TIME HIGH 3860 Level on Yesterday

It has continued good Lower High pattern as per 15- Min timeframe and also yesterday after opening it continued Impulsive Up move and closed near days High

For Buyers to maintain dominance, it needs to close and sustain above the #CRITICALZONE

For Selling pattern - BREAK OF 15 MIN structure is mandatory (Watch for volume spikes )

🎯 Coming to sectoral pattern - #NiftyIT is now trading near to its ALL TIME HIGH Level

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