VR_Securities

MRF BULLISH, Kindly do your own study.

Long
NSE:MRF   MRF LTD
MRF is bullish on higher timeframe.
5 monthly price is challenged bollinger band
Monthly price is challenged bollinger band and RSI is above 60
Weekly price is challenged bollinger band and RSI is above 6o.
Daily price is challenged bollinger band and MACD has given uptice, RSI is reverse from level 60 and ADX is strong.
Volume is good.
Stock is ready for 5th wave. If it blast, then target is big.
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