POSSIBLE MEAN REVERSION IN MPHASIS

MPHASIS
Time frame- DAILY

MEAN REVERSION
*Resistance - 100 DMA
*Support - 1907
*Short term picK
*Reason- whole IT sector is oversold. mean reversion, good risk reward ratio.

Disclaimer:- I am not SEBI registered analyst. Only for information and education purpose. Please consult your adviser before investing.
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