MPHASIS ready to rideMphasis Buy near vwap 2321-2326
keep sl 2309
enjoy ride
mcpriceaction
for learning purpose only
MPHASIS trade ideas
SHORT MPHASIS FOR 2500/2400MPHASIS after making tripple top is on verge of breakdown. Short MPHASIS for target of 2700/2600 and 2450. Invalid above 3080-3100 closing.
Mphasis Chart Analysis !! 📈 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 Decision On This Analysis.
Mphasis Expected Bottom out levelMphasis Expected Bottom out level 2450 to 2140
Concentrate in this level
Mphasis_Short CoveringIf 2500 is not broken, then Mphasis will start its short covering from 2510 level
Breakdown in Mphasis...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
mphasis - buybuy at cmp
tg 2900
sl - close below 2697
Disclaimer : This is my personal analysis for study purpose not intended for trading
Bearish Rectangle pattern breakout in MPHASIS.Today's session bearish rectangle chart pattern create in MPHASIS. this stock is down side and according to this chart pattern expected target is 2180+ in Weekly timeframe.
A clear Wedge BO on hourly timeframeAs it is clearly noticable, there is wedge formation on hourly timeframe. From past two days there fair amount of rally in the overall IT sector after the dissappointing Infosys quarterly results.
Note : Mphasis Q4 Fy22 results On April 28
Entry - 2930
Stop Loss - 2860
Time frame - For short term
Target - 3080
Best 1:2 Risk to reward ratio.
mphasis - buyBuy from cmp to 2820
easy tg - 3000
Disclaimer : This is my personal analysis for study purpose not intended for trading
MPHASISGood opportunity in MPHASIS Stoploss and target is mentioned in the chart Do your own study before entering the trade
Mphasis Bouncing backMphasis :
Bouncing Strong from support Zone
Long above 3000 with SL 2930
Weak only below 2800 i.e. after breaking support
[Positional] Mphasis PriceAction OverviewIt is a short term long setup and long term short setup. Unless it triggers short or long, it is neutral.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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mphasis ltd 13%mphasis ltd for short posional trade. on day chart closing price near to 200 MA ,price chance to moveup side target 13% ..if 13% target complete then wait for
pole and flag pattern's breakout.
note - only for educational purpose.
Mphasis Chart Analysis !!📈 Mphasis Ltd. 📉
Mphasis Ltd. broke out from a downtrending trendline zone after testing three times and it was inside a beautiful triangle pattern as well. Yes it has closed at high of Fab and March too.
So I am biased on long side.
On Buy Side I am looking for initial Targets of 3548.
StopLoss should be kept at 3250.
It offers 1:2 Risk Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
buy mphasis buy for shorts term mke profit in mphasis its trading in supports area its high chance to go upside given area
MPHASIS LTD NEAR MAJOR SR LEVEL MPHASIS LTD near its 52 week High and Major SR level . Plan your trade once the price sustained above 3500 level. only concern is there is no volume expansion . if we get wide range candle with good volume we can initiate a trade. Also make your own analysis before making any entry. Also watch Nifty IT index for reference.
MPHASIS - Swing tradeMPHASIS - Swing trade
Good breakout after a consolidation. Volumes are good too.
Hold for targets ;)
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏🙏
