#MPHASIS... ✅ 🔹🔹🔹🔹🔹🔹🔹🔹🔹 👇👇👇👇👇👇👇👇👇👇👇👇 INTRADAY/ Short term delivery call as well 👍 All levels given in charts ... IF good potential seen then we work in options also 👉if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... 📚📚👁🚀 📚 🚀🚀🚀🚀🚀🚀🚀🚀 Possible to give good target 👍👍👍👍👍👍👍👍
06-12 Hourly chart of MPHASIS1! LTP: 2104.50 Book rule says that the trend is positive if the candles are trading above 200 EMA and the strategy should be buy on dips. There is a bullish crossover between 100 EMA and 200 EMA. I've gone long strictly for intraday only. Manual support zone is between 2020 and 2032 whereas the support according to 200 EMA is at 2036.90.
This was after, Supply emerged in Oct'21 around 3500 after 5x Up from 550 in Mar'20 Plan ahead to Purchase Breakout above 2400 or, rejection indications near 1600 PB 5x PE 23x ROCE 25% Div 2%
NSE:MPHASIS is continuously trading below major resistance which is 2145. As per weekly Fibonacci retracement next support of MPHASIS Ltd is 1787. So my view is for downside target which is 1787. We can predict upper side move only if it brake and sustain above level of 2145. Note: This is my personal analysis, only for learning.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
> Mphasis is a mid-sized IT company primarily engaged in providing IT / ITeS / BPO services catering to clients in the banking and capital markets, emerging industries, information technology, communication and entertainment and insurance. The company derives its revenues primarily from software services & projects, ...
Can draw this channel in this energy script. Plan your trade accordingly. This will help you to take proper directional decision.
Mphasis on a daily timeframes showed us a recovery from 2750 level by projecting a inverted head and shoulders pattern. If it is manages to close above 2930,we can initiate a swing position in it..
CALL AND ATTENTION GIVEN TO ALL GROUP MEMBERS . 1. 15 TF TREND LINE WAS RESPECTED 2. IT BROKE THE TL ON 4 TH ATTEMPT 3. CONFIRMATION WAS GIVEN AFTER BREAKING DAY LOW AND RSI CONFIRMATION 4. EASY 300 POINTS GRABBED ON PUT OPTION
Following the trend of technology stocks and healthcare stocks. Mphasis (a technology company stock) has given breakout from it all time resistance and has entered uncharted territory. Keep stop loss at 1153 and buy. Keep a view of 3 Months to 1 year and buy. *** ideas are my own , please invest as per your own risk ***
MPHASIS CMP 1214 Weekly Chart Stock broken out of consolidation with good volumes. RSI suggests momentum intact. Last 4 quarters, Company's key fundamentals has been showing steady growth. A stock to watch out for. Hence target is open. Stop 1040.