IndiGo
Prices have been under pressure for a while now and reached the KS line on the daily Ichimoku system. The weakness appears to be pronounced and hence it is quite likely that the KS line support could break. If it does, the cloud beneath is far away, suggesting a big fall. One can short on break of this support.
Mindtree
The chart shown here is in Heiken Ashi format and it is seen that the recent mild rally was only upto a retracement zone, and now the indicator has flashed a sell. The prices will gather strength once it breaks below Rs 144 levels. One can short below Rs 144 for now.
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Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price