Mphasis – Swing
MPHASIS
Important Levels:
Support: 2,080 – 2,000
Resistance: 2,280 – 2,400
Structure: Consolidation near breakout zone
Business:
Focus on BFSI, cloud, digital transformation
Strong international client exposure
Mid-cap IT with stable execution
Earnings:
Healthy deal wins
Stable margins
Better resilience compared to some peers
Verdict:
👉 Balanced IT swing candidate
👉 Watch for breakout confirmation
#TechnicalViews
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