Mphasis – Swing

Important Levels: Support: 2,250 – 2,150 Resistance: 2,500 – 2,650 Structure: Sideways → breakout setup Business: Mid-cap IT (cloud, BFSI, digital services) Strong niche positioning High US client exposure Earnings: Stable growth Deal pipeline intact Slight pressure from global slowdown Verdict: 👉 Better than large-cap IT 👉 Swing trade if breakout happens