Mindtree finally makes a move

A long awaited move has been given in Mindtree after weeks f box consolidation on an area of confluence and a push off has been given, making this a high probabilistic trade due to the favourable risk to reward ratio and various confluences present such as
1. Volume dry up on consolidation
2. Above Average Volume Breakout
3. Consolidation on a long term trend line
4. Favourable Risk To Reward of 1:2.4


Keep It Simple
Support and ResistanceTrend Lines

Penafian