Technical Analysis: Mphasis has been on a bullish move, as seen on the 15-minute timeframe. After a solid long entry at 3021.90, the price action has been steadily climbing, supported by the Risological Dotted Trendline, which signals continued upward momentum. Key Levels: Entry: 3021.90 Stop Loss (SL): 2993.70 Target 1 (TP1): 3056.75 ✅ (Hit!) Target 2...
MPHASIS LTD Long Trade Targets on Risological The long trade was from July 1, 2024 So far, 18.8% in 71 days Which is close to 8% profit per month. This is big profit for position traders and it looks like the rest of the upper targets are on their way. The trailing stop loss and other upper targets are marked on the chart. All the best and do follow me for...
Mphasis chart elliot wave analysis weekly chart zig zag correction complete 0-b trendline breakout
Mphasis chart elliot wave analysis this stock current time move third wave buy 2070 stoploss 1900 target 4000
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.