Mindtree - Daily Channel Breakdown

dev_trader Updated   
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 :-)

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