dev_trader

Mindtree - Daily Channel Breakdown

Short
NSE:MINDTREE   MINDTREE LTD
6
Mindtree showing weakness and today closed outside the daily Channel. Considering it as breakdown, Sell can be initiated between 497-500. This might go further down.

TP - 480
SL - 505 (On closing basis)
Trade active: Sell initiated at 497. Going good so far.
Trade active: Made low @ 485.60.
Trade active
Trade active: Today on 16 Jan 2017 @ 10:47, it made low at 281.25. Going good.
Trade closed: target reached: Spot on Target. 20/01 target reached. Patience paid here :-)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.