Mphasis Limited
업데이트됨

Mphasis - Multiple Breakouts

518
CMP 2910 on 19.08.24
It can be seen on the charts that the stock has been forming a triangular pattern and Cup & handle pattern in the last 2-3 years. Already shown the breakouts of both the pattern around July 24. Already retested the breakout in recent sessions and showed a strong bounce back in the last session ( closed 192 points above).
If the momentum continues, the next target area may be around 3230, 3640, and even more.
Plz analyze the chart carefully and make a strategy that suits you. Make an exit according to your risk management. However, if it trades below 2650 levels it will show weakness on the charts.
The above illustration is only my own view, only for learning and sharing purposes, not a buy or sell advice in any way.
All the best.
액티브 트레이드
Made a support level around 2840—the right place to show a bounceback. Let's see ahead.
노트
Crossed 3100 in yesterday's session. Closed 3080.
노트
Crossing 3130. Showed a good up move today. Plus 150 points.

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