MindTree is not looking hot for investment: Deepak Mohani
MindTree and many of the other stocks in this sector did take a little bit of a backseat but MindTree has not really picked up since.
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| Updated: Deepak Mohoni, Director, trendwatchindia.com (Technical Check) in an interview with ET Now talks about MindTree.
What is the call on MindTree?
MindTree and many of the other stocks in this sector did take a little bit of a backseat but MindTree has not really picked up since. If it closes another rupee or 2 lower, it is going to be at a one month low. So that is not very strong. It is staying off those levels. 365 is where it goes to a one month low. So not a strong uptrend yet. Though it made a promising start in March, it is not really looking that hot for investing right now.
What is the call on MindTree?
MindTree and many of the other stocks in this sector did take a little bit of a backseat but MindTree has not really picked up since. If it closes another rupee or 2 lower, it is going to be at a one month low. So that is not very strong. It is staying off those levels. 365 is where it goes to a one month low. So not a strong uptrend yet. Though it made a promising start in March, it is not really looking that hot for investing right now.
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