nitinshm

Mindtree, Long for target of 1500-1650

Long
NSE:MINDTREE   MINDTREE LTD
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Mindtree has formed a base at 1300 and has broken the tringle pattern.

Target: 1485 followed by 1650
Stoploss :1320
Trade active: Entered at 1388
Comment: 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.

Comment: All targets achieved. Now just keep trailing SL using previous day's low.
Trade closed: target reached