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Major Breakout on Mindtree Daily chart

Mindtree has already retraced by 50% from the top considering the rally from March 2020.

It has its extremely crucial support at 2760 and the major support for the long-term view remains at 2645.

Mindtree has given a major breakout today after having been moving in a narrow range for the past few weeks, in the near term we can expect a move to the upside levels of 3080 ---3340.

The major trend is now to buy on dips.

This post is only for educational purposes.
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