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Mindtree Outlook for the Week (May 20, 2024 – May 24, 2024)

Mindtree
Mindtree
Mindtree closed the previous week on a negative note losing 4.69%.

Technically, Mindtree share price will see immediate support at 4,623.20 and immediate resistance would be seen at 4,847.70.

If Mindtree share price closes below immediate support of 4,623.20, then sharp breakdown can be seen. Mindtree share price will see major support at 4,482.10 for the week.

5000.005000.004950.004950.004900.004900.004850.004850.004800.004800.004750.004750.004700.004700.004650.004650.004600.004600.004550.004550.00Apr 3Apr 3Apr 8Apr 8Apr 12Apr 12Apr 18Apr 18Apr 23Apr 23Apr 26Apr 26May 2May 2May 7May 7May 10May 10May 15May 15Reversal Level 4673.17BuyBuySell

On the positive side, immediate resistance will be seen at 4,847.70. Closing above 4,847.70, Mindtree share price will see a sharp breakout. Major resistance for Mindtree share price will be seen at 4,931.10 for the week.

Trading range for Mindtree share price for this week should be between 4,398.70 on down side and 5,072.20 on up side.

Mindtree Previous Week High: 4790

Mindtree Previous Week Low: 4565.5

Mindtree Previous Week Range: 224.5 Points

Mindtree share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 5,072.20
Resistance 2 4,931.10
Resistance 1 4,847.70
Support 1 4,623.20
Support 2 4,482.10
Support 3 4,398.70
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