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ShelendrAgrawal

Mphasis Chart Analysis !!

Short
MPHASIS LTD (NSE:MPHASIS)  
ShelendrAgrawal Updated   
NSE:MPHASIS   MPHASIS LTD
Trend Analysis Support and Resistance Supply and Demand MPHASIS mphasischartanalysis mphasisshort itsector
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trendanalysis supportandresistance supplyanddemand mphasis mphasischartanalysis mphasisshort itsector
📈 Mphasis 📉

My Findings :-
1. Breakdown of Support Zone 2850-2900.
2. Close below Six Month Low.
3. Whole IT Sector is showing Weakness.

Bias- Short
Target- 2600 and 2300
SL- 3037
RR- 1: 1.5


All Important Supports and Resistances are drawn in chart.

All levels are of Spot and on closing basis.

Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Comment:
Target 1 of 2600 done
Trail SL to 2873
Comment:
Trail SL to 2698
Trade closed: target reached:
Target 2 of 2300 is achieved.
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