IIFL research recommended Mphasis stock for buy
IIFL research has recommended for buy Mphasis stock with a target of Rs 613, in its July 02, 2010 research report.
Vm.venkatesh technical view on this stock.
Mphasis have a strongest support in 540-45 price level , and have a strongest resistance in 618-22 level , only exit when this stock close below 540 otherwise no problem hold long. In my short term view this share will consolidate in between 550-610 level.
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Tags: Brokerage, recommendations