MARKET EYEING MINDTREE RESULT COMING ON 16 JAN 19

FOR LIVE MARKET CALLS FILL UP THE FORM GIVEN HERE>>>>

trade idea on mindtree future for 16 jan 19

BUY mindtree  ABOVE 840 TGT 851.50/865.50 SL 822.50
SELL mindtree BELOW 800 TGT 788.50/774.50 SL 817.50

We are expecting broadly good result of MINDTREE . The MINDTREE  will announce its Q3 results on Jan 16, 2019. After showing correction from the 200 EMA on daily chart, now stock is trading in short term recovery phase, it is   moving average   in the past week with the crossing of the support level of 795 as the stock is managing to sustain below the level of 820. One may get the targets of 860,880 in the stock with the stop loss of 800. MINDTREE  is currently trading at Rs837.55, Up  by Rs 23 or 2.87% from its previous closing of Rs 814 on the NSE. MINDTREE LTD,has informed that the meeting of the Board of Directors of the Company is scheduled on Thursday 16 Jan'19  ,inter alia, to consider and approve Notice pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, be and is hereby given that the meeting of the Board of Directors of the Company will be held on Wednesday, January 16, 2019, inter alia, to consider the audited financial results of the Company for the quarter ended December 31, 2018 and also to consider the declaration of interim dividend, if any, amongst other matters. The Record Date for payment of Dividend, if approved, will be January 24, 2019.