MPHASIS LTD stock forum
MPHASIS Let's dive into the 3-hour candlestick chart for Mphasis (MPHASIS), a global IT consulting company.
Here are some key insights based on the 3-hour chart:
Current Trend: Mphasis has been trading in a sideways trend over the past few hours, with a slight upward bias.
Resistance and Support: The stock has a strong resistance level at around ₹4,300-4,400 and support level at around ₹4,150-4,200.
Bollinger Bands: The Bollinger Bands are contracting, indicating reduced volatility in the stock.
Momentum: The RSI (Relative Strength Index) is around 50, indicating a neutral momentum.
Candle Patterns: The 3-hour chart shows a small bullish Engulfing pattern at around ₹4,250-4,270, which is a bullish signal.
MPHASIS will go to 3182
MPHASIS Delivery Buy MPHASIS Above 2353 Stop Loss 2200 Targets 2500-2575
MPHASIS its coming wait