As it is clearly noticable, there is wedge formation on hourly timeframe. From past two days there fair amount of rally in the overall IT sector after the dissappointing Infosys quarterly results.
Note : Mphasis Q4 Fy22 results On April 28
Entry - 2930
Stop Loss - 2860
Time frame - For short term
Target - 3080
Best 1:2 Risk to reward ratio.