xclusiv_abhi
Short

MRF - PERFECT SHORT SETUP

MRF (NSE:MRF)  
NSE:MRF   MRF
44 views
3
The stock had earlier broken out of its channel but post few sessions I got convinced that it was a false breakout. Post poor results the stock has broken down of a descending traingle that too in a uptrending NIFTY . Likely target on the stock is 47500-48000. SL has be closing above 52000.
Comment: The rally given in the stock is a good opportunity to short and keep strict SL of 52000.
Trade closed: stop reached: SL hit. Exit.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out