Mindtree, Long for target of 1500-1650

Nov 23, 2020

Mindtree has formed a base at 1300 and has broken the tringle pattern.

Target: 1485 followed by 1650
Stoploss :1320

Nov 23, 2020

Trade active

Entered at 1388

Dec 8, 2020

Note

Stock is at previous resistance levels of 1465-1470

First target is almost achieved. 1RR is achieved. Partial profits (30% holding) can be booked here.

Dec 23, 2020

Note

All targets achieved. Now just keep trailing SL using previous day's low.

Jan 16, 2021

Trade closed: target reached