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.
📈 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...