Long

MINDTREE - AT STRONG SUPPORT, WILL BOUNCE BACK

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It is been observed on the daily chart that the price action is taking strong support at 480-78 levels and now breaking above the support zone in order to fill up the previous gap down on the chart.

Target 1: 490

Target 2: 500

Stoploss: 475
Transaction en cours
Note
Coming out of Support zone.
Transaction en cours
Note
SL revised to 273. If it closes below that then it shall further dip to 265 levels.
Note
Correction: SL revised to 473. If it closes below that then it shall further dip to 465 levels.
Trade fermée: ordre d’arrêt atteint
Note
MIndtree did close above 473 levels, indicating stability. If tomorrow, it goes above 480 levels then it shall again become active. Thanks
Supply and DemandSupport and ResistanceTrend Analysis

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