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Shadab_07
May 18, 2021 1:58 AM

MRF -Long position Long

MRF LTD.BSE

Description

The chart is self-explanatory.Please share your views on it. Thanks

Comment

On correct path. Keep holding guys.

Comment

On the way to 85000.
Comments
Einstein15
cup n handl on trendlines are tricky.
on flat/ horizontal Support / Res are better
Shadab_07
@Einstein15, both trend lines and patterns are to get an impression of trend and what to expect in a timeframe. Ur words may be true for a shorter time frame. But my above view is supported both by an increase in price and volume and validated by the much tested cup/rounded bottom pattern. Yes one have to wait patiently to reach the target.
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