RSI buy signal in Mhasis Weekly Chart

Mphasis, India's sixth largest IT company has formed RSI buy signal in the weekly chart. In a month Mphasis went down from its 52 weeks high of 711.40 to 52 weeks low of 373.60 which is more than 50%. The stock has side way correction for more than 3 weeks. Mphasis has rallied to 420 from 395 as part of Nifty's last week rally. More..