2026-09-02 10:57:53 am | Source: Religare Broking Ltd
Stock of the day - Mphasis Limited Target Rs. 2680 - Religare Broking Ltd
Mphasis Limited
Buy Mphasis Limited CMP (Rs) 2505.5 Range* 2500-2506 SL 2410 Target 2680
* Mphasis maintains a constructive bullish structure, with prices holding above key short and medium-term moving averages while sustaining a higher-high, higher-low formation.
* The recent consolidation has shown a positive breakout supported by a healthy volume, signalling renewed buying interest.
* Momentum indicators remain supportive, with RSI maintaining a favourable trajectory and scope for further appreciation.
* Investors may consider buying the stock within the recommended buying range on dips.
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