MPHASIS LTDShort
Head and shoulder pattern activated
Mphasis, trading near 200 EMA
HNS pattern is activated
results on 23 jan'24.
the trend suggests weak results
the stock can correct from 15 to 20 % after results,
keep a watch on this counter for big upmoves
if stock closes above 2840, then the pattern may reverse and the downfall can be arrested.
HNS pattern is activated
results on 23 jan'24.
the trend suggests weak results
the stock can correct from 15 to 20 % after results,
keep a watch on this counter for big upmoves
if stock closes above 2840, then the pattern may reverse and the downfall can be arrested.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.