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Mindtree closed the previous week on a negative note losing 4.66%.Technically, Mindtree share price will see immediate support at 4,968.15 and immediate resistance would be seen at 5,209.25.
If Mindtree share price closes below immediate support of 4,968.15, then sharp breakdown can be seen. Mindtree share price will see major support at 4,828.95 for the week.
On the positive side, immediate resistance will be seen at 5,209.25. Closing above 5,209.25, Mindtree share price will see a sharp breakout. Major resistance for Mindtree share price will be seen at 5,311.15 for the week.
Trading range for Mindtree share price for this week should be between 4,727.05 on down side and 5,450.35 on up side.
Mindtree Previous Week High: 5171.95
Mindtree Previous Week Low: 4930.85
Mindtree Previous Week Range: 241.1 Points
Mindtree share price support and resistance for the week (August 14, 2023 – August 18, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 5,450.35 |
| Resistance 2 | 5,311.15 |
| Resistance 1 | 5,209.25 |
| Support 1 | 4,968.15 |
| Support 2 | 4,828.95 |
| Support 3 | 4,727.05 |
