MINDTREE - AT STRONG SUPPORT, WILL BOUNCE BACK
Updated
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
Target 1: 490
Target 2: 500
Stoploss: 475
Trade active
Note
Coming out of Support zone.Trade active
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 closed: stop reached
Note
MIndtree did close above 473 levels, indicating stability. If tomorrow, it goes above 480 levels then it shall again become active. Thanks
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