Mphasis is supported by monthly 50 SMA and almost close to the important Gann box level at 1895.
Three reason for a reversal or a bouncr back
- almost near at an important Gann box level @ 1897
- Monthly low supported by 50 SMA
- contraction pattern at the bottom of the downward trendline resistance
Levels are marked on the chart for your reference
Three reason for a reversal or a bouncr back
- almost near at an important Gann box level @ 1897
- Monthly low supported by 50 SMA
- contraction pattern at the bottom of the downward trendline resistance
Levels are marked on the chart for your reference