SumitLamba007

MRF SWING Setup Forming

Long
NSE:MRF   MRF LTD
The Indian Giant on the move?
Also expecting good business performance in the future quarters to help the up move.
MRF Swing setup forming, once it breaks the trendline and the nearest resistance at 83,450, Can be entered above the same.

Stop loss can be placed at 80,000
Targets can be dynamic depending on the move but decent achievable targets would be 88,000 - 92,000 - 94,500++

Tried to keep the setup as simple as possible for new traders.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.