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Mindtree - Weak Since The BIG Breakout (Contd Down Trend)

After a strong weekly breakout from the strong support levels of 600-610, it confirmed the continuation of a downtrend. It has retraced back to the previous support and now the support levels are acting as new resistance levels. I believe now the price action shall go down to the next support levels at around 475 levels. It is an ideal time to short with stop loss of previous high on weekly chart (680) Target (475) Risk Reward (1:2)
(This is on request, by Rajat (la4440), hope it may be of any help to you).
(This is on request, by Rajat (la4440), hope it may be of any help to you).
交易結束:目標達成
I was great trade, went so well. Targets achieved successfully. Regards免責聲明
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。