kaustubh9
Short

Short on MRF with divergence

MRF (NSE:MRF)  
NSE:MRF   MRF
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2
A weekly chart of MRF hasn't shown any considerable signs of weakness, but the daily broke the descending triangle's bottom @70976 with MACD in divergence with the price action. As marked stays above zero with weekly and monthly both the charts showing positiveness, the bearish movement might just be a correction so my target is going to be 667999. MRF

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