Keep away from MindTree: Technical Trends

The narrow range has broken down today and that tells us that the downtrend is intact and alive.

What is your call on MindTree, you think it'll probably slide down further from these levels?

Sudarshan Sukhani: It should because the narrow range came after a very deep decline. It fell from 550, developed a range, fell again. This narrow range has broken down today and that tells us that the downtrend is intact and alive and kicking, do not buy it.
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