NSE:LTIM has given a breakout and closed above 4515. My idea is to take entry at 4515 with stop loss of 4325 (-190 points risk). My expected upside target will be 4925 (+410 points). Note: This is my personal analysis, only for learning. Thanks.
#MTARTECH NSE: MTARTECH CMP: 1737.80 TARGET: 2200 SL: 1550 RR: >2.5 times Return > 26% Timeframe: <6M CAN BREAK ALL-TIME HIGH IN FUTURE Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE...
As per my view 3751 is reversable resistance for mindtree stock , after confrimation candel and retest at 3752 target will be 2145 in my view. any thing comment me
Beautiful gains in Mindtree Already 8% returns. CMP 3780 Expecting another good move IT index is getting into Focus now.
As per my analysis in stock mind tree . Uptrend or retracement going to finisg at 3751.95 and going to drop 2145.95.
NSE:MINDTREE Risk Reward is good ! Wait for 1 Hour close on the Trendline. Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
If mindtree breaks trendline with volume and sustain above it Then buy stock is trading above 50 ema and Put stop loss below 3200
NSE:MINDTREE large cap IT stock is forming triangle pattern. Even though it breaks triangle's resistance, only after breaking US resistance, good up move can be expected in IT stocks. However with trailing SL after strong break can be tired. Also know this news: NSE:MINDTREE and NSE:LTI to be merged. Upon the scheme becoming effective, all shareholders of...
Mindtree Buy CMP 3486 SL 3270 Target 3600+ Swing/Positional
Mindtree looks south after facing rejection at the 61.8% Fibonacci Fib resistance fan. MACD is about to flash a fresh sell signal. RSI below 50, looks south The share price could slide to trendline connecting May 26 and July 14 lows... But avoid being tooo ambitious on the downside as the ascending 100-week SMA is located at 3,156 and ahead of the trendliine...
MINDTREE LTD is a IT company engaged in construction. This channel is for only educational purpose. Any Profit/loss, I am not responsible.
*MINDTREE LTD* Time Frame: Daily Observation: * Parallel Channel Pattern Breakout. Resistance/Target: 3424 3630 Support: 3070 2777
since nifty it, has started to get its impulsve waves, there is a less probability that mindtree will fall down again, so it will give a breakout. and one more reason it will give a breakout is it has completed all its waves. and it is falling nifty IT quite a lot, so from my analysis it will reach the given target(waves drawn in chart). rectangle part is the...
Mindtree is at resistance region. The price has already tested this region once. Everytime the price hits the resistance, the price has made a Higher Low. If the price moves above 3330, I would take a long position.
Mindtree Good For Swing Next Target 3780..Good Move Coming Days..
Pullback (Means it comes to previous breakout level those who missed may add position at this level) Only problem here is volume at higher side Example of W Pattern Watch out price action near support f any green candle close there we will go long stop loss below support
Mindtree has already retraced by 50% from the top considering the rally from March 2020. It has its extremely crucial support at 2760 and the major support for the long-term view remains at 2645. Mindtree has given a major breakout today after having been moving in a narrow range for the past few weeks, in the near term we can expect a move to the upside...