Bharat Forge and Mphasis are two stocks that have recently caught the attention of technical analyst Manas Jaiswal. With Bharat Forge showing a breakout above key levels and Mphasis indicating signs of a rebound, investors looking for potential growth opportunities may want to investigate further.
Manas Jaiswal, the founder of manasjaiswal.com, shared his insights on CNBC-TV18, providing recommendations based on technical analysis. By highlighting key support levels and breakout patterns, Jaiswal aims to offer valuable suggestions for investors seeking promising additions to their portfolios.
Bharat Forge, a leading player in the forging industry, has displayed a breakout above key levels. This suggests that the stock’s price has risen above a significant resistance level, indicating potential upward momentum. Jaiswal’s analysis recognizes this breakout as a bullish signal, signaling a positive outlook for Bharat Forge.
Mphasis, a global IT solutions provider, is another stock on Jaiswal’s radar. The company is showing signs of a rebound after a period of consolidation. Jaiswal’s technical analysis indicates that the stock may experience an upward movement, making it an attractive option for investors.
While Jaiswal’s insights provide valuable perspectives for investors, it is important to note that stock market investments always carry a level of risk. Investors should conduct their own research and seek professional advice before making any investment decisions.
Overall, the recommendations provided by Manas Jaiswal shed light on two potential opportunities in the stock market. With Bharat Forge displaying a breakout above key levels and Mphasis showing signs of a rebound, these stocks may warrant further investigation for investors seeking potential growth. However, it is essential to exercise caution and consider individual investment goals and risk tolerance when making any investment decisions.
(Note: This article is based on the insights provided by Manas Jaiswal and does not constitute financial advice. Investors are encouraged to do their own research and seek professional advice.)
