Education purpose only - Mphasis

- Stock is in a strong trend but a cooling off period or retracement will make it stronger
- EMA 20 is a strong reversal points
- lets see if it gives a sign of reversal..
- MACD is in buying zone, it should be reversed
- RSI & ADX are giving sign of cooling off and retracement possible
- Target – 2750, SL 3250