0 Mindtree

| Monday, 11 March 2013

Mindtree has been in a strong uptrend since a few months. There have been several negative signals and oscillators in overbought territories. Divergences are prominent. But the stock dosent fall because of the strong ADX in a positive trend. 

Things to look out for is the ADX trend to weaken with MACD to cross its zero line and oscillators supporting it in synchronization with the lower time frames showing weakening trend.


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