nitinshm

Mindtree, Long for target of 1500-1650

Long
nitinshm Updated   
NSE:MINDTREE   None
Mindtree has formed a base at 1300 and has broken the tringle pattern.

Target: 1485 followed by 1650
Stoploss :1320
Trade active:
Entered at 1388
Comment:
Stock is at previous resistance levels of 1465-1470

First target is almost achieved. 1RR is achieved. Partial profits (30% holding) can be booked here.

Comment:
All targets achieved. Now just keep trailing SL using previous day's low.
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.