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M PHASIS

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WAIT FOR RETRACEMENT. supported by key moving average. volume was good on break out.
if it come near 2080. then it will be good buy.
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ready for next move. i m on same price range
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CLEAR BREAK OUT
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u can add position near 2035 it will a support for this stock.
as this sector is very weak as compare to nifty infra, and pharma, auto( STRONG)
u can only invest for long term only there is no swing trade in this stoCK
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working well now reaching towards our first target near 2500. 2207 will be trail sl.
patiently just hold the trade till trail sl hit or target achieved. Which ever is earlier
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