Stock for intraday trading: Buy MPHASIS Limited (MPHASIS) @ 427 for target: 432.5 and 437, place protective stop loss at 422.9. We see good supportive buying interest hence pushing this stock higher. At CMP 427 it is already trading in positive zone by more than 6%, and is more likely to be bullish today, So it seems to attract more buying interest in this counter. Stock is trading with good volumes. Technical indicators are confirming the bullishness and is in favor of trade, stock MPHASIS.
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