Buy Mphasis with a target of 460-462: Mitesh Thacker

In a chat with ET Now, Mitesh Thacker, www.miteshthacker.com (Technical Check), shares his views on Mphasis.

460-462 would be a target if somebody is trading for the day or probably till tomorrow and 446 would be the stop loss over here.

ET Now: What are the stock recommendations for the day?

Mitesh Thacker: The majority of bias today is on the long side and markets just probably stopped falling. So we might see a temporary bottom. I would pick up first an Mphasis where we are seeing a kind of possibility of a breakout from a small consolidation which the stock has been doing for the last few days. 460-462 would be a target if somebody is trading for the day or probably till tomorrow and 446 would be the stop loss over here.
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