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TRADEWITHFUN247
Apr 13, 2021 3:23 PM

MRF is at crucial support Long

MRF LTDNSE

Description

Logic
1) Very crucial support formed on chart, (earlier it acted as a resistance)
2) Rounding Bottom formation (denoted by yellow dotted curve) breakout happened and now it is testing its breakout. (I am slightly bullish due to rounding bottom formation)
3) Stock is in a strong up trend
My view is strong bullish keeping eye on it for any buying opportunity.
Comments
VAISHNAVI50
I always learn by seeing your post
PawanPatil77
Good analysis
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