why to trade mphasis in intraday today?

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why to trade mphasis in intraday today?

Why To Trade MPHASIS in Intraday Today?

Mphasis Limited is a global provider of information technology services. The company specializes in providing clients all over the world with a suite of application development and maintenance services, infrastructure outsourcing services, and business process outsourcing solutions. Banking and capital markets, insurance, information technology, communication, and entertainment are all segments of the company.

Mphasis in in bullish trend since NIFTY IT is also in bullish trend as mentioned in below image. Mphasis is having range breakout as shown in below chart of intraday trading.

Mphasis having weekly bullish chart as shown in below chart concise for bigger move after consolidation is seen.

INTRADAY STOCKS FOR TRADING 16-06-2021

MPHASIS :

Buy at / above: 2070.25 Targets: 2080.59 - 2092.01 - 2103.46 - 2114.94
Stoploss : 2058.89
Sell at / below: 2058.89 Targets: 2048.58 - 2037.28 - 2026.01 - 2014.77
Stoploss : 2070.25

CHART

INTRADAY STOCK PERFORMANCE :

MGL:

Buy at / above: 1269.14 Targets: 1277.42 - 1286.37 - 1295.35 - 1304.36
Stoploss : 1260.25
Sell at / below: 1260.25 Targets: 1252.01 - 1243.18 - 1234.38 - 1225.61
Stoploss : 1269.14

CHART:

INTRADAY STOCK PERFORMANCE :

PIDILITEIND:

Buy at / above: 2139.06 Targets: 2149.56 - 2161.16 - 2172.8 - 2184.46
Stoploss : 2127.51
Sell at / below: 2127.51 Targets: 2117.05 - 2105.56 - 2094.1 - 2082.68
Stoploss : 2139.06

CHART

INTRADAY STOCK PERFORMANCE :

Above are the stocks selected for the intraday trading of 15th June 2021. its stock performance will be updated in this blog after market closing.

NSE Stocks Technical Analysis

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