Mphasis Forms Head and Shoulders Pattern: Time to Take Notice

Jan 10

The stock, Mphasis has recently developed a Head & Shoulders pattern, signaling a potential trend reversal. Traders should exercise caution and consider implementing proper risk management strategies. On the chart, clear indications for stop-loss and two target levels have been outlined.

Please note that this information is not financial advice but a market observation. Always trade responsibly and make decisions based on your analysis and risk tolerance."

Jan 12

Trade closed: stop reached