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MINDTREE: Holding a longterm support plus RSI RD! Move UP?

MINDTREE EQUITY CASH (LONG ONLY): The stock seems to form a base as of now. On the charts we can see that it is hovering into 60-40 zones which indicate a shift of range from bear to neutral. Along with momentum as well prices are taking support now. Keeping a stoploss of 666 stock can be accumulated for a minimum target of 810. The prices may face a little resistance around 710.
BANKNIFTYChart PatternsTechnical IndicatorsMINDTREENIFTYniftyitnseindiaoptions-strategyTechnical AnalysisTrend Analysis

Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
prorsi.com
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