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Technicals for Mphasis Limited
Price Summary
Mphasis Limited's stock saw a -2.06% drop, showcasing an awful market day.On 2026-06-03, MPHASIS's stock began at 2336.7, peaked at 2358.0, dipped to 2281.0, and closed up -2.06% at 2288.5, with a volume of 595608 shares.
In the 52-week period, the stock's peak price is 3000.6, and the lowest price recorded is 2047.4.
Technicals
Support and Resistance: The price for MPHASIS is 2288.5, with support at 2223.0 and resistance at 2316.1. This suggests a range where 2223.0 acts as a base, preventing declines, and 2316.1 caps gains, defining key trading levels.Aroon: The current state of the AROON is neutral for MPHASIS, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for MPHASIS. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong.
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages, coupled with their upward slopes, signals a bullish trend. This alignment suggests a mildly bullish overall trend, indicating that the market may experience a gradual increase in value. The trend is positive, but the pace of growth is expected to be moderate, reflecting a stable and cautiously optimistic outlook.
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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