Dear Followers, Today Mindtree and Tata Metaliks will publish their quarterly results. Here are technical view of the stocks.
Kindly trade safely because of expected volatility due to the Quarterly Results Announcement.
Mindtree Stock has formed a good base around 4532, while resistance is at 4678.
If it sustains above 4678 then stock price is likely to move for 4733. Sustainable trade below 4532 will enter the stock into downward territory and may take it to 4450 levels.
Tata Metaliks, Stock has given a vertical trendline breakout on 4 hours time frame which is indicating a bullish momentum in stock in the coming days.
Immediate support is around 880, while resistance is at 955.
If sustains above 955 then the stock price is likely to move for 1050 and then 1100. Sustainable trade below 880 may take it to 800 on the downside.
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