Take no fresh positions in MindTree unless it trades above 460-462: Vijay Bhambwani

In a chat with ET Now, Vijay Bhambwani, Author, CEO, BSPLindia.com shares his views about MindTree.

ET Now: What is the call on MindTree?

Vijay Bhambwani: MindTree has seen sharp volatility in the last few trading sessions and that volatility might just continue because higher levels have attracted profit sales. So, unless the stock actually starts to trade above the 460-462 levels, no fresh long positions are advised. At this point in time I would avoid MindTree.