YESTERDAY’S
RECOMMENDATION UPDATE:
IBULHSGFIN
near tgt 1120 made high of 1112
NOW TOTAL
PROFIT: 27200 IN JUST 2 LOT
BUY MINDTREE ABOVE 502 tgt 515/535 sl 480
The MINDTREE is in bull run and Primary trend is
also bullish and after giving breakout of its MONTHLY PIVORT POINT, 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 506 ; as
the stock is managing to trade above its 22 and 55& 200 days moving
averages with the RSI of 75, one may expect the targets of 515/535 in the
stock if it manages to sustain above the immediate support level of 480.first
resistance level seen as 200 EMA on charts at 506 .
DAILY CHART FOR MINDTREE:
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