Mindtech India Rs.85/- the stock seems to have made an all time high after nearly six months of consolidation. The above chart is a monthly chart. Notice the volumes which are very heavy compared compared to last 14 years which is a clear indication that informed investors might be logging into the stock expecting better future in the stock. The financials have been improving over last three to four years which is being justified by movement in the stock. So it appears that investors are betting on further improvement of financials which has all the potential to propel the stock higher. Stop loss: Rs.55/-

Mahiidar M

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