Rahul Mohinder, Technical Analyst at viratechindia.com feels that Mphasis may hit Rs 515 level in the short term.
Mohinder told CNBC-TV18, "I would buy Mphasis. The stock has broken out of Rs 480 and once again if we can claw above Rs 480, we could get into a strongish uptrend. The stock is poised to hit Rs 515 level in the short-term probably in the next 2-3 weeks and one could go with a stoploss of Rs 460."Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
