MINDTREE
TECHM RISK REWARD POSITIONAL PLAYTECHM
result will be announced on 29 july
stock trend is up
today shown move recovery from lows of approx two percent
holding imp level of 1100 mark
also stock is sideways from 3 days after a good upmove 3 day back !
i see trend continuation in stock going ahead
MINDTREE | NEXT UP-MOVE ABOVE 2800The stock is in a strong uptrend and once it sustains above 2800, expected to travel towards 3300-3400 which would be next target zone.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Pranshu
InvestPro India Team
NIFTY IT Sector Still some strength leftCurrently RSI <70
IT stocks outperforming market
MACD signal line crossing MACD from below.
Hinting that still strength is left in IT stocks.
Stocks to look out for :
Mindtree
MPHASIS
COFORGE
TATELXIS
HAPPISTMINDS
Mindtree Again Up Move Possible...As We can See Mindtree Formed the ASCENDING TRIANGLE PATTERN this is Bullish Pattern which shows that the stock made good base and ready for up move ..
Buy Initiate Above- 2745
SL - 2715
Target - 2750/2790
Do Like And Follow For More Ideas
Mindtree Good opportunity to trade tomorrow good Q1 result todayNSE:MINDTREE
we can see good movement in these coming days in Mindtree as there is a good Q1 result today.
trade setup can be seen on either side.
levels are marked in the charts. Be strict with your profit booking once your get to one level. We can expect volatile trading.
Avoid trading in "No Trading Zone".
All the best.
MINDTREE Mindtree has been travelling in a channel pattern for the past few days. May have to keep a real good eye on them :)
RSI Divergence in MindtreeMindtree is seen having a RSI bearish divergence with Price making a Higher High whereas RSI making lower high. Further follow up need to be assessed before any decision can be taken. If one is on a trade in this stock, it's time to be vigilant for any counter trend move.
Mindtree - All set to break the channelPrice once again reached the top of the channel and this time it is all set to break the channel as the movement from the bottom is looking too strong. Lets wait and see.
Mindtree - SwingStock has generated good volumes and broken previous ATH in recent sessions.
Looks good for more upside
Mindtree breaking with out of triangle pattern with higher volClear breakout in Mindtree with high volume, this stock can go higher with med term target of 2400 with SL @ 2200
MindTree - pull back 100 points levelself explanatory.
Correct me if i'm wrong
Note : I have rights to be wrong .
44 Moving average trade + Uptrend channel #1 | Mindtree A very innovative strategy of 44 moving average + support lvls of trendline or u can say a good up trending channel :)
Well, one should always trade this pattern if u know how to manage the risk :)
risk should be the money = after losing it u don't feel sad.
Happy trading and be happy :)
Mindtree Looks Weak Below 2100The stock was trading in a wedge that is broken. If it sustains below the 2100 level, then we may see marked levels on the chart until 2186 is intact on the upside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
13/05/2021 Research Report For MindtreeShort @ CMP. (Current Market Price) or Max 2150
Buy Target 1 :- 2110
Buy Target 2: 2090
Buy Target 3:- 2050
SL (Stoploss) :- 2221
SHORT ONLY IN FUTURE CONTRACT | AVOID OPTION
Mindtree Buy Based on Average force Indicator go green Mindtree Buy when indicator go green.
Please back test before entering
Mindtree Looks Weak Below 2000The stock looks weak only if sustains below 2000 for the marked targets with a white line.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
MINDTREE - Trend and Pattern AnalysisMINDTREE has more steam to make newer highs. With Nifty IT getting stronger previous winners has strong chance to lead next bullish run. But it again all depends on broad market performance in coming days. Overall Nifty50 and Nifty500 is not doing good therefore hopes are low on other indices too.
Key information:
55D Nifty price change: -4.02%
55D Nifty 500 price change: -1.88%
55D Nifty IT price change: 1.20%
55D Stock price change: 19%
Stock is beating Nifty50, Nifty500 and Industry benchmark.
Mindtree - Small reversal expectedPrice after two consecutive days of fall a small rise is expected on tomorrow. Overall trend is down anyways !!
MINDTREE - FLAG AND POLENote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
