MINDTREE
MindtreeNSE:MINDTREE
Mindtree is looking weak on hourly chart.
Below 1455 it's a shorting opportunity and above 1485 it's a buying opportunity. Although it made a cup and handle formation but it is failing to sustain. So it's likely to fall from here. Downside support will be 1420, 1365, 1300. If anyone holding, should exit from here, any fresh trade can be taken on the given level. For buying the resistance will be at 1530.
MINDTREE - CANNOT SUSTAIN ABOVE THE LEVELMindtree is showing weakness and does not show any sign that it will sustain above the resistance level of 1430. Traders can look for shorting oppurtunities below 1430. Also check sector trend for confirmation.
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!
MINDTREE Trading SetupGood consolidation and price squeezing in narrow zone. Chance of breakout is high.
MINDTREE(Swing / Positional Trade) | RR 1:2+ | Type:- Breakout & Retest
Reasons To Trade 🤔 :- Pattern Breakout, Taking Good Support At 50 DMA, Bullish Stock.
Entry :- 1360
Stop Loss :- 1322
Target :- 1450
(Risk Must Be Managed.)
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--Any Suggestions--
MINDTREEIm not an expert im just sharing my views on MINDTREE for tomorrow
Im not responsible for any profit or loss this is not a recommendation
MINDTREEIm not an expert im just sharing my views on MINDTREE for tomorrow
Im not responsible for any profit or loss this is not a recommendation
asian paint booked 1 % traget ANALYSES BASED ON
1. PRICE ACTION AND ONLY PRICE ACTION
.
9940084570
IF YOU HAVE ANY QUERIES
INTRA BUY ON MINDTREE
EASY POINTS CAN BE GRABBED IF TRADED ACCORDING TO SETUP
DONT BLINDLY TRADE ON BREAK OUT
.
REACH ME OUT FOR QUERIES
MIndtree on BOBO above 1590(Closing basis on positional)
support at 1410-1370(which is also 78.6% fibbo level)
above all important moving average
MINDTREE GAVE EASY 25 POINTS AFTER SL HITSL HIT BASED ON A MISTAKE BUT HAPPY ANALYSES WERE RIGHT
TRADE BASED ON
1. FIBO LEVEL
2. TREND LINE
3. MOVING AVERAGE
4. PRICE ACTION
Mindtree has made a clear breakoutMindtree which was on upmove with in upward channel has given a clear breakout with large volume.
MINDTREEIm not an expert im just sharing my views on MINDTREE for tomorrow
Im not responsible for any profit or loss this is not a recommendation
MINDTREEIm not an expert im just sharing my views on MINDTREE for today
Im not responsible for any profit or loss this is not a recommendation
