MINDTREE LONG At long term support levels. Looking at 20% for short term No recommendations, just view.
Beaten down from Rs 4200, we hit demand level of Rs 2800. We should see a short term bounce to test the 200 Day SMA and previous support of Rs 3550. SL of Rs 2775 with Target 1 at Rs 3400 and Target 2 at Rs 3500 presents a nice risk to reward ratio of around 2.5:1 from current level of Rs 2971. Long term, in next 8 months to a year, I see Mindtree heading to...
#Mindtree can have huge rally if it shows strength from here.
one can hold mindtree futures of march along with monthly put of jan and once jan is completely shit to feb and carry forward till march you will get good profit, capital required 1.10 with margin and with out put 2.40 lakhs. my suggestion don't go naked position.
Mindtree is on uptrend for long time but is now consolidating , good for short-term basis. Please cross check and invest on your own risk
NSE:MINDTREE is breaking out from head and shoulders neckline. If the breakout sustains then it can take the price to 5600 level very soon.
Inverse head and shoulder formation in NSE:MINDTREE . IT is expected to do well on back of good results. Hourly close above 4950 with good volumes would indicate a breakout from neckline. As per the height of formation, it could be a 10-12% move. Keep an eye!
Mindtree Looking Very Strong Near Day Support Zone Breakout Retest Zone 4820 - 4790 Mindtree Big Buying Opportunity Cmp 4890 Spot Add More On Deep 4790 Stop Loss Below 4500 Target 5300 5500 5800 6200 +++
Mindtree seems to be forming a H&S pattern. If the neckline breaks with good volumes then it could be a 600 point fall (as per height of the head formation). Keep an eye!
MINDTREE 15 min chart Forming Rising Wedge Pattern 24 Sept 2021
MINDTREE 15 Min chart Rising Wedge pattern broke upside and waiting for Retest. 21 Sept 2021
MINDTREE Rising Wedge Breakout Downside 20 Sept 2021. Wait for Retest and Enter.
mindtree did not gave chance to enter, wait for pullback!
MINDTREE LOOKING BULLISH ABOVE 2507 AS FOLLOWING TRIPLE TOP PATTERN
Risk vs reward is good
MIND TREE - Probability of Gartley Pattern If the stock sustains 2090 levels, then the chances are that is forming the Gartley pattern and is probably moving towards 2200 levels.
Trade Wisely And Smartly. The targets are given as horizontal lines, please be careful while trading any segment.
Mind Tree Catching Momentum .