Mindtree NSE:MINDTREE has been weak since past 3 weeks among the IT pack.
It broke the crucial support at 1100 last week.
Also, there is a Bearish divergence on weekly chart.
Good opportunity to short here with stop loss a few points above 1100 for a target around 930 levels.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
It broke the crucial support at 1100 last week.
Also, there is a Bearish divergence on weekly chart.
Good opportunity to short here with stop loss a few points above 1100 for a target around 930 levels.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.