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nitinshm
Nov 23, 2020 4:36 PM

Mindtree, Long for target of 1500-1650 Long

Description

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

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