Sell below 879 for the Target of 865... Stoploss 887... ......
Mindtree is forming a possible inverted H&S Pattern. Initiate Long. Target : 944 Stop Loss : 914
MINDTREE is an uptrend stock IN 1hr Timeframe . Channel Formation is in UPTREND . SO it is better to go for LONG CMP - 920 TGT - 928 TGT2 - 940 Refer other Work Also
On the hourly chart, I see a range breakout with a pullback. Delivery based buying along with a bullish option chain.
As clearly shown on charts, Mindtree is currently facing weekly timeframe resistance 1) Momentum loss clearly seen 2) RSI below 60 3) Double Top Formation 4) Negative Divergence seen on daily charts Confirmation of the pattern if 880 Broken, One can enter into positional long for a target of 730
Hello Trader, Here is the full analysis of mindtree: 1) On 1hr chart we can see it as formed gartley pattern and possible reversal expected. 2) Price is moving toward strong resistance zone and can test this zone for up move and if it fails then on basis of gartley and strong resistance one can look for short. How can you support me: 1) Like my idea. 2) Follow...
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
MINDTREE has returned from 921 twice and now falling towards 875 levels.. according to Fibonacci retracement , AO indicator & RSI it is showing weak signs.. now it can fall till 835levels..next support.. buy near 835-840..
MINDTREE if it breaks 921 and closes above it, it will move up till 1000 levels.. buy for short term gain..
In a daily chart #Mindtree is in the bullish zone whereas the whole market is in the bear mood. One can go long at 928 which is a mild resistance. The current support is at 721 with strong resistance at 1018 levels. The profit potential of 9.7% in a very short span of time. Maintainance of strict position sizing is mandated, invest 10k for 1 unit of Mindtree. NSE:MINDTREE
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Mindtree CMP 853 Consider short strangle strategy Consider selling 30-April-2020 expiry 900 Call option around 10 & 800 Put option around 15 Lot size 800 Max profit potential Rs 20000 Loss only if Mindtree closes above 925 or below 775 Take care & safe trading...!!!
Mindtree Bullish Flag Good for 16th April T1783, T2 793 (for edu purpose only )
MindTree is presently is getting squeezed for one more break-out if it breaks out on long - target would be 1031.5 if it breaks down on short side - target would be 950 Lets see how it plays out in next couple of days Happy Trading MSK
The daily candle on Mindtree printed a nasty Bearish Pinbar at a Major swing high Resistance. Expecting drop to continue. Enter at the break of the Pin Bar or at a 50% retrace level since the stop loss is coming out unfavorable. This is a Swing Trade.