Stock after stage 1 breakour and sharp upmove went in to consolidation Trend change visible again Volumes are strong Expect atlst 10 to 15% move 2800 can act as strong support
📊 Script: MPHASIS 📊 Sector: IT - Software 📊 Industry: Computers - Software - Large Key highlights: 💡⚡ 📈 Golden Crossovers are seen into this Script. 📈 Golden Crossover is where slow moving average line crosses fast moving average above. 📈 Although Script is trading at All Time High we may see some bullish rally. ⏱️ C.M.P 📑💰- 2925 🟢 Target 🎯🏆 - 3098 ⚠️...
MPHASIS (CMP: 2,873) has given a breakout on weekly chart. The stock has formed a cup and handle pattern on weekly chart. Possible upside from current level remains for 3,000, 3,200, 3,500. Also increasing volumes can be seen on weekly chart. #MPHASIS Disclaimer: This post is for educational purpose, and not a recommendation. I am not a SEBI registered analyst....
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....
For the past 12 months, the stock has been moving in a rising parallel channel. This moment rests at the lowest edge of the channel. If takes support and bounces back, there may be a bullish phase. Possible early targets may be 2600/2700. The setup fails if the price trades below 2340 ( below the channel). This is only for learning and sharing purposes, not a...
As per Chart MPHASIS suggests strong downtrend Momentum. If trend continues we can see more Fall. IT is underperforming as compared to NIFTY 50 and MPHASIS also showing weakness. So the pattern will active below 2375 And pattern will be neglated above 2445
NSE:MPHASIS cmp 2800 MPHASIS gave breakout on weekly chart at 2760 zone in Dec 23 then gave a pullback till 2500 in Jan-Feb 24 now back to 2800 and heading towards 3600 The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is...
Mphasis Limited is a information technology (IT) services and solutions provider. The Company is engaged in offering applications, business process outsourcing (BPO) and infrastructure services Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3....
NSE: MPHASIS is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 13% to 19% gain on...
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...
NSE:MPHASIS add to Your Watchlist we Need Candle Closing See On Friday We See What Happened
NSE:MPHASIS Mphasis Ltd. engages in the provision of application development and maintenance services, infrastructure outsourcing, and business and knowledge process outsourcing solutions. It operates through the following segments: Banking and Financial Services, Logistics and Transformation, Technology Media and Telecom, Insurance, and Others. Trendline...
Idea is shared as Long term reversal pick only for educational purposes. Stock name:-Mphasis Market cap around 40000 crore Buy in range of 1950-2050 Technically IHNS Breakout above 2500. SL below 1650 WCB Targets 3500, 4000++ Diving into some fundamental ratios at CMP:- PE ratio-25 (Near 5 yr median PE and industry PE) ROCE-28.9% ROE-21% Debt/Equity-0.2||...
Trigger live above 59.22 will reach 66.95, Cash Price -24-45 Trigger line below 51,93, will reach 43,33, Cash price - 24-45
MPHASIS 15 MINUTE CHART -INTRADAY 06.11.2023 If trigger line crosses over 60.51, it may reach to 67.70, 40 to 60 Rs in cash. If trigger line crosses below 52.40, it may reach to 40.31, 40 to 70 Rs in cash.
Gate analysis (30 Min) If price sustain above 2525 with good volume Buy@ CMP StopLoss@2470 Multi TF ( As per gate analysis) 1. On 5min & 15min it was proper time correction 2. On 30min forming gate (wait for 2525 B.O) 3. On 1hr it was 50 ema retest 4. On Daily Tf it was 20 ema retest. Satisfy all condition Note: Also IT Sector have some good space in this...
MPHASIS breaking trendline resistance good volume built up trading above 20ema educational idea only
Expecting bullish momentum for a long term position. Looks great from my analysis.