LONG MPHASIS - SWING TRADE IDEA
Symbol - MPHASIS
Mphasis is currently trading at 2254
2200 - 2260 is a good support area for Mphasis.
I'm seeing a trading opportunity on buy side.
Buying Mphasis Futures at CMP 2254
I will be adding more if 2230 comes & hold with SL of 2180
Targets I'm expecting are 2370 - 2450 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Mphasis is currently trading at 2254
2200 - 2260 is a good support area for Mphasis.
I'm seeing a trading opportunity on buy side.
Buying Mphasis Futures at CMP 2254
I will be adding more if 2230 comes & hold with SL of 2180
Targets I'm expecting are 2370 - 2450 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Trade active
Add more quantity order executed at 2230Avg buy price now is 2242
Holding with 2180 SL.
Trade closed: target reached
Target 1 : 2370 hit.Future position 128 rupees (approx. 6%) in profit.
Booking 70% position here and rest holding for second target with 2260 SL.
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