ParimalDevnath

Mindtree, Breakout

Viés de alta
NSE:MINDTREE   None
The stock created a base at around 430. Then started moving in vertical line while breaking out the earlier highs interspersed with correction due to profit-booking. Now after the steep rise in recent days, there is some possibility of price pulling back towards 996 seeking for support. This level may be closely watched for going long. It is visible that 5 waves up are done as the technical resistance comes at 1104. We shall wait for corrective a-b-c. Going short in this highly bullish stock can be quite risky.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.