It is been observed on the daily chart that the price action is taking strong support at 480-78 levels and now breaking above the support zone in order to fill up the previous gap down on the chart.
Target 1: 490
Target 2: 500
Stoploss: 475
Trade active
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Comment
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Coming out of Support zone.
Trade active
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Comment
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SL revised to 273. If it closes below that then it shall further dip to 265 levels.
Comment
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Correction: SL revised to 473. If it closes below that then it shall further dip to 465 levels.
Trade closed: stop reached
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Comment
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MIndtree did close above 473 levels, indicating stability. If tomorrow, it goes above 480 levels then it shall again become active. Thanks
I think SL is 437 not 273 right? Asking just to confirm
mihirj
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Sorry SL is 473 not 273
NeeteshJain
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@mihirj, Thanks mate for pointing out. I might be in a different zone when I was typing it. Thanks for noticing. Regards
mihirj
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sir, shall i hold Mindtree or exite as it's trading at 471
NeeteshJain
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@mihirj, Mindtree next support zone would be 462 levels, if you are comfortable holding it then you may go ahead as it will pull back to 500 levels to cover gap.
TechCielTradeTalks
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its 470, SL hit?
abhinavk31
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Any revision in SL?
UnknownUnicorn646072
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this reverseal trade at safe,so please post like this types of trade set up,this is help ful to as