Buy above 1181 TGT 1183-1186-1191 SL 1171
Stock of Mindtree is in very bullish mode & trading near all time high. Stock is again going to touch the 1210 level soon. Buying level of the stock is above 1175 & safe players can buy the stock after the trend line break out above the level of 1180. Stock is taking the minor retracement at the current level. if stock able to break the level of 1215 then shortly...
Buy Above 1142 TGT 1145-1150-1152 SL 1132
i have bought mindtree at 1019 stop loss 995 target 1080
On monthly chart we can see the stock is ready for the BO level. Stock is in uptrend & trading above the 50 as well as 20 EMA level. So above the level of 1025 we can take the long entry for the target price of 1055. Once stock able to cross the level of 1062 than we can see the level of 1100 soon. As this is 52 week high level for the stock a high selling...
As per analysis mindtree gonna fly like rocket in coming days... Most probably it will give all the given targets in a week or two... Targets on chart...
Enter short trade in Mindtree and TP1 940 and TP2 900.
Bearish Harmonic pattern is forming in Mindtree , Sell is expected from here 1026
Mindtree is a buy for 1000-1030. Has come out of range on weekly basis. Any dip till 900 should be bought with SL of 860.
All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Mindtree had given ascending breakout , but need one good closing to decide the upmove , can led to 1006 / all time high ! Happy Trading ! :)
Note: This is for educational purpose only. There seems to be a bullish breakout in Mindtree with rise in buying volume. RSI above 60 which indicates bullish momentum.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Technical Trade:- Price consolidating above and taking the support of 50 DMA. up days are on higher vol and down days are mostly below average daily volume. I will look to buy between 947-950 with a dynamic SL, which will be decided as the trade executes.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.