YESTERDAY’S RECOMMENDATION UPDATE:
MINDTREE
hit tgt 548 made HIGH of 547.90
toatal
intrady profit 18960
BUY IGL At 1030
TGT 1060/1090 SL 1000
After showing correction from the
higher level, now stock is trading in short term recovery phase, it is likely
to continue the upside move in near term with the crossing of the resistance
level of 1030 as the stock is managing to sustain above the level of 1000. It is likely to continue the positive movement
with the breakout of the pattern at the levels of 1030. as the stock is sustaining above its 50&22
days moving averages with
the RSI of 54, One may get the targets
of 1060,1090 in the stock with the stop loss of 1000. Primary trend of
the IGL is bullish. Long term Support level seen on
charts at 909 AT 200 EMA .
DAILY CHART FOR IGL
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