InfinityCapital

Mindtree - Breakout possibility

Long
NSE:MINDTREE   None
There is a high possibility of a BO for mindtree above 1158. RSI is upwards of 70 so taking the trade with caution. BO's are high risk and high reward, quick in and quick out trades. look for huge volumes supporting the BO. Delivery Percentage has been falling so tread with caution

Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini
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