MPHASIS Results Trade 17July2023

View: Short | Bearish

• Entry: 2174
  
• Target: 1940
  
• Stop Loss: 2280
  
• Reward to Risk: 2:1
  

Logic:

1. The stock fell from 2210 (24Feb2023) to 1660(17Apr2023)
   
2. High probability of another price bounce back expected
   

Disclaimer:

• Trade only in cash(Intraday) NOT in F&O
  
• Do your analysis before entering trade
  
• NOT for stock tips or recommendation
  
• It's going to be high volatility before result date 20July2023
  I have exited(intraday) with 1:1 RR ratio already