NSE: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 of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and...
Based on Time factor and support resistance the whole movement of Mphasis is predicted.
Mphasis share chart 5 wave upside mphasis use 4 wave stoploss target all time high cross
Mphasis chart elliot wave analysis weekly chart zig zag correction complete 0-b trendline breakout
Mphasis chart elliot wave analysis this stock current time move third wave buy 2070 stoploss 1900 target 4000
MPHASIS has formed cup and handle formation and has breakout . stock is ready to move further to achieve targets. Study and observe the behavior of the stock to improve trading.
reversal seen on chart as stock has formed bullish inverted head and shoulder pattern
Mphasis is supported by monthly 50 SMA and almost close to the important Gann box level at 1895. Three reason for a reversal or a bouncr back - almost near at an important Gann box level @ 1897 - Monthly low supported by 50 SMA - contraction pattern at the bottom of the downward trendline resistance Levels are marked on the chart for your reference
Entry at 1470 to 1495 3 months target 1848 Rs Recently this counter is in the bearish mode so wait for our entry price. Wait level for 20% profit
Long, Mphasis, good RR, SL-100 Rs, entry-1850 on a retracement, or 1932 breakout Tg1- 2200 Showing 50 percent retracement from the top, and moving higher.
Short 1870 SL 1890 Target 1850/1800 Looks weak unless 1890/1900 is crossed.
In the Weekly Chart of MPHASIS , we can see that, it has a W pattern recovery. Also it has retested . Enter with SL and Go Long.
let see i am not fainecial adviser may be this can work or not
Completing round bottom One can enter now for completion of bottom.
Chart is self explanatory. 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 Buy for intraday trading if stock breaks the given resistance level..........
We have close watch on it stock,as it is already in oversold position,trade above 2030, and sustainability can help to get target of 2090,2120