Mphasis Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Mphasis closed the previous week on a negative note losing 4.90%

Technically, Mphasis share price will see immediate support at 2,201.12 and immediate resistance would be seen at 2,315.22

If Mphasis share price closes below immediate support of 2,201.12, then sharp breakdown can be seen. Mphasis share price will see major support at 2,151.88 for the week.

On the positive side, immediate resistance will be seen at 2,315.22. Closing above 2,315.22, Mphasis share price will see a sharp breakout. Major resistance for Mphasis share price will be seen at 2,380.08 for the week.

Trading range for Mphasis share price for this week should be between 2,087.02 on down side and 2,429.32 on up side.

Mphasis Previous Week High: 2330.85

Mphasis Previous Week Low: 2216.75

Mphasis Previous Week Range: 114.1 Points

Mphasis share price support and resistance for the week (July 31, 2023 – August 04, 2023)