infy !!! and my favorite color red ....will like to see it deep red upto even 1040 levels soon !!!!!!]
will that be possible
with stop loss of 1089 ...!
need to check
MINDTREE
MINDTREEL: Buy Around 836.5 SL:820 TGT:920MINDTREE has yet again outperformed with 5.5% gain on NSE with 2.5 times volumes. Stock trading above Ichimoku Kumo with Rising ADX signifying a buy around levels of 836.5 with Stop-Loss of 820 on closing basis and for targets of 920.
If trading in CASH segment, then keep the stop-loss at 802 on closing basis. And hold the stock for further up move.
Please do consult your financial advisor before taking calls submitted here. I am not a SEBI Registered analyst.
MINDTREE: BUY @ 812.75 SL 805 TGT 832Mindtree NSE:MINDTREE has gained 10% on NSE with volumes move than 4 times its average, which has also crossed its monthly resistance and weekly resistance on Friday(23/02/29018).
Likely to see further upside from here. Hence a Buy on MINDTREE around 812.75 with SL of 805 and Target of 832.
MINDTREE, Comfortable PositiveRising Triple Bottoms! Confirmed bullishness indicator. Watchout for 10% gains in coming month
Mindtree - Powerful bullish chartMindtree
CMP 702
Targt 805 plus
Stop 600
Monthly (not displayed)
Clear Double bottom formation completed.
Weekly(displayed)
Stock has cleared past the upward channel with huge volumes.
Stock has also moved past previous longterm multi support and resistance line.
Daily (not displayed)
Uptrend with spike observed. However, quite unclear in terms of any pattern formation.
THIS CHART IS A PERFECT EXAMPLE TO ILLUSTRATE THE SIGNFICANCE OF UNDERSTANDING THE BROADER PICTURE USING LONG TERM CHARTS INORDER TO DECIDE ON THE DIRECTION OF THE TRADE. SHORT TERM CHARTS ARE TO BE USED ONLY FOR ENTRY AND NOT TO DECIDE ON DIRECTION.
"MindTree" Starts Move downMind tree Ltd Starts to move down, fundamentally the EPS of this stock has been reducing for a few years, The rest explained in chart.
Mindtree - Inverted H & S.Inverted h & S Pattern.
Crossed Above 50 EMA.
Triangle Break Out.
RSI Showing Buy Momentum.
Other Details Mentioned in Chart.
Will review near targets.
I am not SEBI Registered Financial Advisor.
Mindtree reversal from Support of 440Mindtree started reversal from Support levels of 440. Can long.
Mindtree: The Bullish BatI don't know why I reverse trade these patterns. But So far it has yielded handsome returns. A bullish bat seems to have been developing and PRZ is still far. The stock has been in a downtrend since June end, so why not take a trade in the direction of this trend rather than waiting for reversal.
A small downward sloping triangle seems to be developing. I don't say that it will break down but if it does I will go short below 475 with a stop of 486 for a possible target of 460. After that we may expect reversal.
Hit like if this information is useful.
Trade safe, stay healthy.
Best Regards
Bravetotrade
Mindtree : Expecting some growth !This can be done as positional trade for larger targets in Mindtree or Intraday trade also. But if Intra trade is taken, your stops need to reduce drastically instead of what shown above. Good Trade !
MindTree : Will the Tree Grow ?!The candles forming up in near future will decide fate of Mindtree as we are closer to trendline, if it fiddles with the line & turnsback, we are out of luck. I hope all other things explained in chart, if any other specific queries, feel free to drop a line...
Mindtree classical Channel breakout !My experience tells that simple classical patterns work mostly and reward good, therefore, I am suggesting today a very Simple Channel breakout long trade setup. It does not require any explanation however, if there is any query please post it in comments.
Short MindTree : Raining repetitive ABCD's !Though there is potential chance of pullback in Mindtree upto 445's, chances are bleak. Once the day close below 435 happens, it will race down till 410. Note, how well it aligns with ABCD pattern, when the pattern gets completed in our zone it forms another harmonic pattern around 410 zone.
Anyway go down on lesser timeframes & check for potential selling chances to get into trade n ride till 410 :)
Mind Tree Symmetric Triangle Pattern Mind Tree symmetric triangle along with candle stick shooting star patten indicates bearish move in the stock, we can see further downside in the stock up to the target of as near term support.
Mindtree broken neckline - head and shoulder patternMindtree has broken the neckline support - Short or buy put options for a target of 443 and a stop loss of 489
Mindtree - broken neckline short - target 443 stop loss 489Mindtree has formed the head and shoulder pattern and broken the neckline support . Short or buy put options with a stop loss of 489 and target of 443
MINDTREE BREAKOUT SETUPIt is been observed on the daily chart that the price action breaks above the previous resistance of 508 levels, indicating buyers taking control over price action. Now, it may further go up to 520 levels to cover and fill up the previous Gap down. It shall also trigger a big trendline breakout from there on. Regards
Target 1: 520
Target 2: 525
Stoploss: 500
CNXIT: POSITIVE CHANNEL SETUPIt is been observed on weekly chart that the price action is trending in a down trending channel where the price action reaches to the support levels of the channel and signalling buying at the levels. This indicates buyers coming back that are pushing the price action upwards. It shall now move the price to previous support levels which will now act as resistance.
Target: 10150
Stoploss: 9200
Risk Reward: 1:1
Mind Tree Ltd. trading in bearish falling wedge.Mind Tree trading in a bearish trend for long time and it seems to have been preparing to breakout the falling wedge pattern to move upward, today it has touched resistance but unable to make breakout. As the Nifty is under pressure and panic in market also due to ban on bank notes it doesn't seem to breakout. we may see further downward after touching the resistance. traders may enter short at todays high 450.00 keeping in mind the breakout,if occurs exit with small stop loss or short with a target somewhere below 400.00 in near term.
Mindtree Positive SetupIt is been observed on daily chart that the price action shows a bullish hammer at major support levels indicating a buyers come back and a positive move ahead.
Target 1: 464
Target 2: 475
Stoploss: 399
