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Umang Bhutada

24th May · SEBI-Registered Analyst

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

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