Mphasis after making a top in 2018 corrected for around 50% from its previous and then went on to make a rounding bottom formation and breakout of the same in 2020 May, from there it went on to give huge return.
Now again after correcting from recent top for about 50%, it has made a rounding bottom formation and is giving a good breakout above it. Although weekly closing is pending tomorrow (so for confirmation, need to wait till tomorrow)
History suggest it may again give a good run from here
Now again after correcting from recent top for about 50%, it has made a rounding bottom formation and is giving a good breakout above it. Although weekly closing is pending tomorrow (so for confirmation, need to wait till tomorrow)
History suggest it may again give a good run from here
Trade closed: stop reached:
Back in the same zone. View invalid for now