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sankalponweb

MPHASIS - Trendline Breakout

Long
MPHASIS LTD (NSE:MPHASIS)  
sankalponweb Updated   
NSE:MPHASIS   MPHASIS LTD
Trend Analysis Chart Patterns MPHASIS Stocks trading swingtrading positional
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trendanalysis chartpattern mphasis stocks trading swingtrading positional
Hi Guys,

Stock is in a weekly uptrend, on a daily chart it has given breakout on upper side and retested upper trendline.

Initial Suggestion few days back
Buy Price - 2350
SL - 2094

New Suggestion
Buy Price - 2400
SL - 2165

Results have also come out strong.

Trade closed: target reached:
I have closed my position as the MACD is not showing more strength.
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