1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Mphasis Ltd

Discussion in 'Technical Analysis' started by srspriya06, Apr 2, 2013.

  1. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
    Mphasis forms cup n handle pattern.. Above 410 may be the breakout.
    Share ur views:phone:
     
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Yes provided it does not break 380
     
  3. kksudin

    kksudin New Member

    Joined:
    Aug 24, 2012
    Messages:
    34
    Likes Received:
    0
    MphasiS came down 308 levels. is it good to short now?
     
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    380 is good support and when that is taken out should be shorting candidate.
     
    Last edited: Apr 8, 2013
  5. vishuhd1

    vishuhd1 Member

    Joined:
    Sep 1, 2012
    Messages:
    214
    Likes Received:
    15
    Occupation:
    Software Engineer in IBM, Bangalore
    I see that Mphasis is trading at 374 levels.. Where did you guys see the levels of 308?... Is it a typo?... I guess its 380... Please comment..
     
  6. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Yes a typo from me. 380 is good support.