Mindtree

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Mindtree

Negative news
             I-T Dept restricts the company from selling V G Siddhartha, Coffee Day Enterprises' shares.

Technicals
                Mindtree looking negative on the charts it form a negative charts pattern on daily and weekly basis. if it break the level 876 then selling started in mindtree and selling more heavy if it break next level 870 and it get support near 834-840.After 834 next will be 800 which is strong support area for the mindtree.And the Resistance zone for mindtree near 901-911.



 Open intereste
                 Heavy call writing 4.2 lac contracts was seen at 940 and 2.3 lac contracts was seen at 920 and call unwinding at 880 and 860 level. Put unwinding near 860 and 840 level which indicates the lower side is open for the mindtree.


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