MPHASIS - Looking like a good LONG entry from here. Once the Risological Karma goes green, it is an entry point. Good short term gains on this trade, will update you how it goes.
In this post, our spotlight is on Mphasis , a stock that has piqued our interest as a potential candidate for a swing trade, presenting the prospect of an upward rally. Reasons are listed below : The recent breakthrough of the 2450-2500 zone, coupled with a subsequent retest, suggests a solid foundation and potential support at these levels. Holding...
NSE:MPHASIS One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Down wedge, wait for breakout and enter. Buy abv 2190 Target 2444, 2700, 2850.
MPHASIS forming inverse H&S pattern Looking tgt 2440-2450-2480++ in very short term👆 Keeping on radar Mphasis 2500 CE
On the chart we can see the price is consolidating inside the falling wedge. We expect that the price breaks above the downsloping support and when that occurs it would be the entry for a long position. In order to avoid false breakout, look for the volume increase. The target is shown on the chart.
Mphasis Looks good here. It is a decent breakout.
NSE:MPHASIS One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and...
Short 1870 SL 1890 Target 1850/1800 Looks weak unless 1890/1900 is crossed.
Chart is self explanatory. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
#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.