MPHASIS Surges! TP 2 Hit, Targets in Sight!

23 ott

Technical Analysis:

Mphasis has been on a bullish move, as seen on the 15-minute timeframe. After a solid long entry at 3021.90, the price action has been steadily climbing, supported by the Risological Dotted Trendline, which signals continued upward momentum.

Key Levels:

• Entry: 3021.90
  
• Stop Loss (SL): 2993.70
  
• Target 1 (TP1): 3056.75 ✅ (Hit!)
  
• Target 2 (TP2): 3113.10 ✅ (Hit!)
  
• Target 3 (TP3): 3169.50
  
• Target 4 (TP4): 3204.35
  

Observations:
The price has already reached TP2, confirming the strong bullish momentum.
Momentum supported by the Risological Dotted Trendline shows the possibility of further targets being achieved.

With TP2 hit and momentum intact, Mphasis is showing strong signs of hitting higher targets. Keep an eye on the next resistance levels at TP3 and TP4 for continued gains!