buy MINDTREE at 481 tgt 490/500 sl 465
The Primary trend of the MINDTREE is bullish and after
giving breakout of its MONTHLY PIVORT POINT range bound movement, it is forming
continuation pattern in short term charts, it is likely to continue the
positive movement with the breakout of the pattern at the levels of 480 ; as
the stock is managing to trade above its 22 and 55days moving averages with the
RSI of 65, one may expect the targets of 490/510 in the stock if it
manages to sustain above the immediate support level of 460.first resistance
level as 200EMA seen on charts at 506.
DAILY CHART FOR MINDTREE:
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