buy mphasis buy for shorts term mke profit in mphasis its trading in supports area its high chance to go upside given area
MPHASIS
MPHASIS - Swing tradeMPHASIS - Swing trade
Good breakout after a consolidation. Volumes are good too.
Hold for targets ;)
MPHASISMphasis Limited is a information technology (IT) services and solutions provider. The Company is engaged in offering applications, business process outsourcing (BPO) and infrastructure services.
Current price is more than the intrinsic value
Stock offers good dividend returns
Low probability of default in next 12 months
Pledged promoter holdings is insignificant
Net buying transactions were witnessed via insiders & bulk deals for each of the last 3 months
Largecap
With a market cap of ₹62,222 cr,
PE Ratio 51.14
Stock is 2.22x as volatile as Nifty
COMPANY DATA TAKEN FROM TICKER TAPE
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. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Turnaround potential in MPHASIS !!!!There is breakout of inverted head and shoulder in MPHASIS
could soon see levels of 3300 also there is rising RSI with positive histogram.
IT sector in focus.
( Swing )-----#mphasis------wedge Pattern BO Stock- #Mphasis ( Hourly chart )
Date- 13-dec-21
Sector- technology Service
Levels To Watch ...
Buy - 3326 ( Trendline Support )
1st Target - 3397 ( Resistance Line ) 5.29 %
Strict Stoploss - 3159 ( below Support Zone )
R:R - 1:2 ( Decent Ratio )
Time Frame - few days
Things In Our favour
1- Trendline Support & Upside Break
2- Bullish candlestick pattern
3. Trading above all MA
4. BO & retested & now moving
5. Volume support
Disclaimer:-
All My ideas are for Educational purpose Only & not a Buying or Selling recommendations . Levels are given for tracking only , I'm Not SEBI Registered Analyst .Please consult your Financial Advisor before taking any trades .
Check Few More Bo ideas Stocks in My Profile
Have a Nice day,
ReviveTraders
Mphasis FuturesMphasis Futures
CMP:- 3364.00
Trading SL below:- 3300.00
Target:- 3450.00+
There is a clear bullish reversal from the candles as well as RSI.
Mphasis strong bullish signalOn day charts, Mphasis trading above 100,20 & 13 DEMA,
After earning volumes sustained and in bullish trend, A 10-15 days swing trade can be executed, To be buy above 3370 , Stop loss to be kept at 3250 & target may be 3600+
Equity trades for 18.10.2021- deltcorp LT Kotak Aub CanfinhomeEquity Trades for 18.10.2021. Equity option and equity cash segment.
MPHASIS swing trading analysis and setup🎇Hello Traders👋
Today i have made a post on MPHASIS 4hr
I hope you find this post helpful and informative👍
The targets and stoploss would be given in the charts or they would be according to pivot points
Thank You
—DISCLAIMER—
I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be considered as informative and helpful post
I shall not be responsible for your profits and losses
MPHASIS LONGASCENDING TRIANGLE formation , making higher lows.
prior uptrend established.
breakout above 2760 and view invalid if it breaks the trendline as well as the horizontal green area of support.
MPHASIS - Trendline BreakoutHi 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.
TECHM RISK REWARD POSITIONAL PLAYTECHM
result will be announced on 29 july
stock trend is up
today shown move recovery from lows of approx two percent
holding imp level of 1100 mark
also stock is sideways from 3 days after a good upmove 3 day back !
i see trend continuation in stock going ahead
NIFTY IT Sector Still some strength leftCurrently RSI <70
IT stocks outperforming market
MACD signal line crossing MACD from below.
Hinting that still strength is left in IT stocks.
Stocks to look out for :
Mindtree
MPHASIS
COFORGE
TATELXIS
HAPPISTMINDS
BUY ON EVERY DIPBEST BUYING ZONE 1965-2000. FUNDAMENTALLY A VERY STRONG SHARE. SHARING THIS NOT FOR TRADING BUT FOR MEDIUM-TERM PERSPECTIVE WITH A HOLDING PERIOD OF MORE THAN 6 MONTHS.
