MPHASIS LTD
Long
Updated

SWING IDEA - MPHASIS

697
Higher Low and Higher High formation noticed.
Successful retest @ Support Zone 2180.
Looks good upto the next S/R zone at least.
Note
12% Profits done so far. MACD Cross is only getting more closer and stronger. Could hit targets sooner than expected. Keep a close eye.

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Note
Positive News:
Nomura Adjusts Mphasis' Price Target to INR2,300 From INR2,010
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14% Profits done so far. MACD made crossover a little late than it was supposed to. Should mostly reach our targets in the coming days/weeks.
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7% Up this week. We are just 3% short of reaching our Target. Keep holding guys!

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Trade closed: target reached
Trade Completed. Target Achieved.
Total 19% Profits booked.
Time Taken = 8 weeks.

Congrats to those who made good profits with this Trade.
This is how perfectly Price Action can mint you money when done right.

Trade can still be held on based on your Risk Management as the momentum still looks strong and it is possible that the Stock can go further upward.

Follow for more such Ideas!
Comment any Stock that you want me to take a look into and share insights.

Kudos!!

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Close to 27% Profits from our Entry Zone. Congrats to those who are still holding on to this stock and booking higher profits.

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33% Profits from our Entry Zone. Congrats to those who are still holding on to this stock and booking higher profits.

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Trade closed: target reached
Achieved 37% from our Entry Zone. Congrats to those who still held on to this trade and booked even more higher profits.
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