MPHASIS1!06-12
Hourly chart of MPHASIS1!
LTP: 2104.50
Book rule says that the trend is positive if the candles are trading above 200 EMA and the strategy should be buy on dips.
There is a bullish crossover between 100 EMA and 200 EMA.
I've gone long strictly for intraday only.
Manual support zone is between 2020 and 2032 whereas the support according to 200 EMA is at 2036.90.
