#MPHASIS
Looks very good for a sh
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.
Trade closed: stop reached
SL HIT but after that went to hit the target
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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.