MINDTREE LOOKS GOOD FOR A BOUNCEMindtree looking good for a bounce play above 3085, refer to green lines for profit booking.
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InvestPro India Team
MINDTREE
#Mindtree Harmonic SupportNSE:MINDTREE
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
(PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame)
PRZ 1 :- 2864.10
SL :- 2628.50 (Closing Basis)
Target 1:- 2989
Target 2:- 3097
Target 3:- 3245 and more Trailing basis
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
MindTree Chart Analysis !!📈 MindTree 📉
My Findings :-
1. Breakdown of Support Zone 3550-3600.
2. Close below Seven Month Low.
3. Whole IT Sector is showing Weakness.
Bias- Short
Target- 3200, 2900 and 2500
SL- 3898
RR- 1: 2.5
All Important Supports and Resistances are drawn in chart.
All levels are of Spot and on closing basis.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Mindtree Support At 2700 Mindtree Support At 2700
beautiful range here for Short capex Cmp 2925 strong support for the mindtree along 2700 zone
MINDTREE - Intraday viewKindly read the chart
There is a double top formation which on breaking can give an up-move.
Similarly there is a double bottom being formed and a move below these levels could drag it down further.
Mindtree Day Chart ViewMindtree Daily Chart over view is given, please do your own analysis before investment and its purely Technical call.
MINDTREEIn strong demand zone. Kindly wait and buy for swing, short term and long term. Confirmation is very important.
Do your own analysis too.
#Mindtree Long (06 Apr)#Mindtree Long (06 Apr)
RSI-62
Buy at CMP- 4389 or at 4250
SL- 4115
Target- 4550, 4740
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Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Mindtree - Head & shoulder patternMindtree on a perfect H&S pattern on 1H timeframe. A strong red candle close below 4204 to 4180 can lead to break of pattern. Anticipated target: 4012 for swing trade and 4120 for an intraday trade.
EVERGREEN Stocks _ available at "Nothing to loose Zone" !!!!Here are some evergreen stocks which are 25% yearly compounder for last 10yrs with strong fundamentals and available near strong support zone.
-: NSE:PIDILITIND - available @2370 and strong support around 2250-2300.
-: NSE:BERGEPAINT - available @685 and strong support around 650-680 less than 30 rupees risk.
-: NSE:MINDTREE - available @3785 and strong support around 3550-3500 .
-: NSE:ABBOTINDIA - available @17380 and strong support around 16000-16300.
-: NSE:HONAUT - available @40360 and strong support around 38000-40000.
-: NSE:RELAXO - available @1222 and strong support around 1130-1160 .
-: NSE:VINATIORGA - available @1860 and strong support around 1780-1730 .
-: NSE:ALKYLAMINE - available @2982 and strong support around 2950-2800 hardly 100 rupees risk.
-: NSE:APLLTD - available @725 and strong support around 660-720 less than 50 rupees risk.
-: NSE:HLEGLAS - available @5400 and strong support around 5300-5000 less than 4% risk.
-: NSE:SUPPETRO - available @665 and strong support around 600-620
These all are investment grade stocks which will surely compound your capital more than 25%.
"HAPPY INVESTING"
MINDTREE HOLD with PATIENCEthis dips will come and go long term investor should see this as opportunity to accumalate the stock as much as you can ... 10000 coming up but when nobody knows ....
i am not sebi registered ... please do your own analysis before buying
📊 #Mindtree #niftyit Swing Opportunity 🎯NSE:MINDTREE
As we know IT stocks already fallen much now we might see up move for swing, but we should even keep this in mind that we have budget ahead so better to take entry after budget for swing but before that we can go for intraday trades if find reversal for long.
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
📌 As One can see, This Pattern has Been Made on Monthly Time Frame, that's why stop loss quite big as per this pattern and time frame. So wait for perfect reversal first then only go for long and ones enter in trade then strictly follow stop loss and here as per my own experience one should keep Stop Loss as closing basis.
(PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame)
PRZ 1 :- 3576.10
PRZ 2 :- 3536.55
SL :- 3176 (Closing Basis)
Target 1:- 3728
Target 2:- 3862
Target 3:- 3996 and more Trailing basis
Note:- As Per this harmonic pattern, stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Kindly note that and ask in live session so next time you could be able to identify reversal by your self. Even ask doubts in comments, below.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
MINDTREEAfter a good uptrend the stock has gone through the distribution phase and now it looks like in correction phase. Can we expect more downside?
Mindtree - BullishWhy this Trade..??
1. DOUBLE BOTTOM
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Mindtree .. Long Above 4700NIFTY IT Bullish
Mindtree trading in range..
Buy above 4700 which will indicate trend reversal.
Details in the Chart