#Mindtree futures on intraday charts (0.25% X 3) - observe the PMOX indicator - This stock is in bull grip

#MindTree cmp 4925
#niftyIT
@Definedge

#MINDTREE had a rounding bottom
Stock had gap up & increased with higher volume, however closed below neckline
If it is able to sustain above 4735-50 it may rally towards 5360
RSI & MACD has bullish bias
#Nifty #NiftyIT #stocks #stockstowatch
Not trading call, academic post

#MINDTREE-4884

Key to market behaviour 4724.

(HR)

#Probability

#MINDTREE has corrected close to 15%, the RSI & MACD quite buoyant in spite of slight cool-down
If mid bollinger 4128 is held (CMP 4174), it may witness decent bounce
#Nifty #NiftyIT #Stocks
Not trading call, academic post

#Mindtree

Close above 4135 would result in Bullish Turtle Follow through.

Open Vertical Count- 4367
Nearest Double Bottom Sell pattern will be formed below 4083

#NIFTYIT #CNXIT
Date : 18th June
~ H&S Breakdown target almost achieved
~ Looks like it may underperform for another 2-3 weeks

You can refer below thread for other IT stocks.

#WIPRO Monthly chart says good to add at current level
MULTIYEAR Breakout channel retest

#TCS Good to accumulate near 2900 level

#INFY #Infosys Good to accumulate near 1350 as per weekly chart

More pain if weekly closing below 1310