the MFSL share price is trading at 703.2, which is higher than the price on June 20, 2023. The price has also been moving up in the past few days, and it is currently trading above the 50-day moving average.
The technical analysis that I provided earlier was based on the price data from June 20-22, 2023. Since then, the price has moved up, and the trend is now bullish. The price is still forming a double top pattern, but it is possible that the bears will lose momentum and the price will start to move higher.
Here are some of the factors that could influence the price of MFSL in the near term:
The overall market sentiment
The performance of the company's earnings
Any news or announcements from the company
Any changes in the political or economic environment
It is important to note that technical analysis is not a perfect science, and it is not always accurate. The price of MFSL could continue to fall, even if the technical analysis suggests that the trend is bullish.
The technical analysis that I provided earlier was based on the price data from June 20-22, 2023. Since then, the price has moved up, and the trend is now bullish. The price is still forming a double top pattern, but it is possible that the bears will lose momentum and the price will start to move higher.
Here are some of the factors that could influence the price of MFSL in the near term:
The overall market sentiment
The performance of the company's earnings
Any news or announcements from the company
Any changes in the political or economic environment
It is important to note that technical analysis is not a perfect science, and it is not always accurate. The price of MFSL could continue to fall, even if the technical analysis suggests that the trend is bullish.
