Mphasis is looking good for upsideMphasis is looking good for upside
accumulation zone breakout with good volume, we can see some fireworks in this script in coming days.
MPHASIS trade ideas
Parallel channel pattern breakout in MPHASIS.Discription:
Stock Name: MPHASIS
Chart Pattern: Parallel channel pattern
Time Frame: 1 Hour
Entry: Breakout entry above 2110+
Target :- 2220+
Stoploss below :- 2075-
MPHASIS LOOKS GOOD...MPHASIS is falling but buying volume seems to be increasing + IT Sector Index is on Support So the downside Risk if Limited (I ignore News Just follow Technicals) Price is my decision maker
POSSIBLE MEAN REVERSION IN MPHASISMPHASIS
Time frame- DAILY
MEAN REVERSION
*Resistance - 100 DMA
*Support - 1907
*Short term picK
*Reason- whole IT sector is oversold. mean reversion, good risk reward ratio.
Disclaimer:- I am not SEBI registered analyst. Only for information and education purpose. Please consult your adviser before investing.
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Swing Trade Opportunity in MPHASISSwing Trade opportunity in MPHASIS
Entry: CMP
Targets: 2400
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Delivery call In this stock breakout done and now its retesting and spot buyer are taking their position, so now time to buy price 2350 sl 2300 and target 2550
its only for education purpose , i am not any financial advisor ,( DYOR )
Mphasis Pennant Pattern Breakout!A Pennant Pattern Is A Continuation Chart Pattern, Seen When A Security Experiences A Large Upward Or Downward Movement, Followed By A Brief Consolidation, Before Continuing To Move In The Same Direction.
Buy Above ~ 2270, Wait For 15 Minutes Closing Basis With Stop ~ 2190, Target ~ 2380, 2550 Short Term Trade Setup.
MPHASISNSE:MPHASIS
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
MPHASIS LTDMPHASIS LTD ....
1 - forming inverted head and shoulder
2 - good volume
3 - positive MA crossover
4 - 30 day consolidation
MPHASIS - LONG - 10% upside potentialPosition: Go Long
Pattern: Inverse head and shoulder pattern formation
Level: Post HRly candle close above 2350
Target: 2550 levels
Also good for investment as Inverse HnS is trend reversal pattern.
MPHASIS looks good above 2300MPHASIS looks good above 2300 for the target of 2425 with SL 2170.
Gain 125
Swing trade.
Risky positional tradeRisk takers enter now at 2240 with sl of 2170 targets are 2403,2550,2690. After reaching t1 change the sl accordingly.
Risk avoiders wait until breakout at 2400 with volume and double bottom confirmation.
MPHASIS ready to rideMphasis Buy near vwap 2321-2326
keep sl 2309
enjoy ride
mcpriceaction
for learning purpose only
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.
