MPHASIS in bull run....Trade with caution

22 ביולי 2024

Mphasis is exhibiting strong performance, surpassing its previous highs to set new ones. It may retrace slightly after reaching the trendline at 2945 or 2980. Support levels are found at 2853/2835, which represent a good buying zone. However, if it breaks below 2835 with a full candle body, then it would signal an exit. The target for this stock is around the 3200 levels. Happy trading to everyone.