SWING IDEA - MPHASISHigher Low and Higher High formation noticed. Successful retest @ Support Zone 2180. Looks good upto the next S/R zone at least.Longby thepranam1
MPHASIS LongMphasis is at support, can be entered with short term bounce up to 2500. Note:- This is my analysis and not a trade recommendation.Longby abhisk902
MPHASIS Potential LONG Entry in 1Hr TFMPHASIS - Looking like a good LONG entry from here. Once the Risological Karma goes green, it is an entry point. Good short term gains on this trade, will update you how it goes.Longby ProfitsNinja0
MPHASIS- Yet another IT stock to Invest.MPHASIS- Best buy is Sell side VWAP retest. However I think it should re test 2222 Magic Number. Longby Asterix_Vasishta442
#MPHASIS - SWING SETUP#MPHASIS Looks very good for a sh ort term swing trade. Strong Bullish engulfing. If it gets confirmed by another green candle closing above closing of 14th march, (and if crosses the zone marked around 2500 levels then can reach targets marked as red lines. RSI also has come up from below 30 and is now around 40 levels. RR not very good right now but if it retests the green support zone then looks more promising. Standard disclaimer : I am not a REGISTERED SEBI Analyst. I am not responsible for anyone's losses or gains. Longby gregferns2
SWING IDEA - MPHASIS In this post, our spotlight is on Mphasis , a stock that has piqued our interest as a potential candidate for a swing trade, presenting the prospect of an upward rally. Reasons are listed below : The recent breakthrough of the 2450-2500 zone, coupled with a subsequent retest, suggests a solid foundation and potential support at these levels. Holding steadfast at the 0.382 Fibonacci retracement level, this stock showcases resilience and a reinforcing support structure. The presence of a bullish continuation candle on the weekly timeframe adds weight to the analysis, signaling positive momentum for potential upward movement. A consistent pattern of forming higher highs underscores a sustained uptrend, reflecting positive market sentiment. Trading above both the 50 and 200 EMAs affirms the stock's commitment to the prevailing uptrend, further bolstering the case for a potential swing trade. Target - 3373 // 3653 StopLoss - weekly close below 2515 DISCLAIMER : Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insightsLongby Visionary_Growth_InsightsUpdated 552
Multiple patterns formation {ABCD+CUP HANDLE+FLAG)Mphasis is forming ABCD pattern on long time frame Cup and handle on weekly and flag on daily time frame EXPECTING 17 TO 65 % move in this counter keep stoploss of 2650 on day close basis Longby yogesharora2409Updated 14
Mphasis Long PostionalBuy Mphasis @CMP Target of 2697-2840-3200-3400-3646 SL 2228 Strategy : SBO + RSI > 60 + EMA above 20 & 50 Duration few months Please consult your financial advisor before investing All research for educational purposes only.Longby IOTABHIUpdated 3
Multiple chart pattern in MPHASISMPHASIS Triangle pattern breakout done already Bullish candle near breakout Volume supporting forming rounding bottom patternby ChartsSpecialist0
MPHASIS LTDTechnicals: --> Seems that during July 2023, the price of the asset took support on the trendline which was formed back in May 2021. --> From that point on, the price moved to complete the cup and handle pattern and also broke out of the pattern. --> After breaking out, the price had retested the new support levels formed basis C&H pattern. Please suggest if any error or omission in the analysis and if possible please let know if any of you done proper fundamental analysis from your side just to improve my self.by Prasad_Chenchu1
Mphasis 2hr time frame buy@ 2700 target @ 2813, 2850, 2899 Mphasis 2hr time frame buy@ 2700 target @ 2813, 2850, 2899 channel breakout risk reward 1:1 its just a view trade @ your own risk sl@ 2586Longby gopicr7Updated 1
MPHASISNSE:MPHASIS One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for Educational purposeLongby CreativeCreatureUpdated 7
Mphasis target in 6 monthsMphasis is likely to touch upper channel after breakout by dgtrader1981Updated 2
Ready for Very BIG MoveHello All, The recommendations are purely for educational purpose only, consult you financial advisor before trading. Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk.. If you like my Idea, Don't forget to Boost and comment on my Analysis.. Have a profitable year ahead Gautam Khanna Technical Analyst by Passion :-)Longby GautamKhanna3
reason to go long on mphasisstock has broke the D resistance with volume . it has come to retest and got a treandline supportby ali7531112
M PHASISWAIT FOR RETRACEMENT. supported by key moving average. volume was good on break out. if it come near 2080. then it will be good buy.Longby DEVA435Updated 6
MphasisMphasis looking good for swing after successful breakout. Keep an eye on it. View is just for educational purpose.Longby TheGuptaOnly2
MPHASISDown wedge, wait for breakout and enter. Buy abv 2190 Target 2444, 2700, 2850. by Index_LoverUpdated 2
Mphasis Ltd Clear Upside Breakout With Volume Mphasis Ltd Clear Upside Breakout With Volume Stock Look Strong Clear upside breakout with good volume Buy Zone 2600-2660 Stop loss 2400 Target Near 3100-3200 Holding Time 2-3 month Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.Longby manoranjan20501
Mphasis - Start Accumulating Target 2187 and 2424Mphasis completed its cycle wave on Apr 17, 2023 with double bottom and bullish hammer. The rally following this completed wave (i) of its new primary wave 1. Today the stock touched low of 1843 marking 50% retracement with completion of intended wave structure and an exhaustion gap on June 6, 2023. Post this, the powerful wave 3 should begin. Though the wave (ii) structure is completed, with upward bias, every fall hereafter, if at all, would be a perfect opportunity to accumulate. Stock should ideally have fallen to 1803, if it fails to fall further, upward bias will be confirmed. Targets 2180, 2414 in short to medium term. I am opening long with 6-12 months target. Alternative confirmations : 1. June 23 Call OI max at 2000, next highest, almost half of 2000 OI, at 1900. Puts highest OI at 1800 2. P/E Ratio of 21, RoCE 30%, RoE 20%. PEG 1.47 (high in ind). 5 Yr. CAGR : Revenue 15.8%, EBITDA 16.2%, PAT/EPS 14.4%. Interest expenses negligible (low gearing). Dividend yield 2.6 (lower than ind but higher than Nifty 50). 3. P/E not higher than that of Industry. P/B superior to comparable peers. Profit growth superior to much larger players. 4. Institutions holding 38.7%, and FIIs 17.7%. 5. No major chunks of disposal by insiders (employees, of ESOP) is noticed. 6. Median deliverable volumes seem to be 40%+, not indicating only speculative counter. 7. Covered by quality research firms - 17 reports, 8 analysts with avg. target 2200 - covered by BoB, ICICI, HDFC. 4 Buy, 4 Neutral, 0 Sells, 1 upgrade. 8. July and Aug. Futures at normal premium. Concerns: 1. High beta, 1.33. 2. FIIs pared stake by 1.17% in current quarter (seems profit booking, domestic MFs raised 0.55%) 3. June Futures small negative basis. Overall, the stock is in the perfect buy zone, to start accumulating. I have opened fresh long positions. Disclaimer : The contents herein are my personal views, with an objective of seeking views and comments from traders community at TV. Nothing contained herein should be construed as an advice, offer, inducement or encouragement to buy or sell any shares, security, derivatives linked to the security, debt security or any other security of the company mentioned herein. The readers must make their independent assessment and evaluation of the company and its securities, and should take advice from their financial advisors before entering into making any financial decision, without relying on anything contained hereinabove, or views given as addendum or comments hereafter. The author shall not be responsbile or liable, directly or indirectly, for any loss or damage caused to the reader, or any other person or third party, whether pecuniary or otherwise, whether in present or in future. Longby Gjain75Updated 9916
My view on MPHASISMPHASIS forming inverse H&S pattern Looking tgt 2440-2450-2480++ in very short term👆 Keeping on radar Mphasis 2500 CELongby M_K_PUSHKAR0
Strong breakfast for 15 percent Strong breakfast from breakout Its time to buy and cut off...Longby saurav09912