MPHASIS

Mphasis – Momentum Watch Important Levels: Support: ₹2,550 – ₹2,480 Resistance: ₹2,750 – ₹2,850 Structure: Improving momentum with IT-sector support Business: Mid-tier IT services company with strong exposure to BFSI and digital transformation Focused on cloud, AI, application services and enterprise technology Significant international revenue exposure Earnings / Trigger: IT stocks saw strong buying in the latest session after TCS's June-quarter results eased concerns around the sector's earnings outlook. Mphasis was among the stronger IT performers, rising 2.68% on July 10. Verdict: 👉 Interesting IT momentum candidate 👉 Watch for sustained relative strength and volume confirmatio