dravya

MRF - Fake Breakout | Range ?

Short
NSE:MRF   MRF LTD
NSE:MRF has been trading in a range starting October and yet again reversed from highs.

If the supply zone stands good, it should go down to the previous swing low.
Otherwise, if it breaks the rectangle upside, we might see action on the long side.
Comment: Moved down but not in a way to make good money. closed.