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MRF Chart Analysis !!
MRF LTD
Long
MRF Chart Analysis !!
By ShelendrAgrawal
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Updated
May 31, 2022
2
Apr 21, 2022
📈 MRF Ltd. 📉
My Findings :-
1. Breakout from a Resistance which use to be a Support Earlier.
2. Close above March high.
3. Higher High and Higher Low formation.
Bias- Long
Target- 76000
SL- 65800
RR- 1: 1.5
All Important Supports and Resistances are drawn in chart.
All levels are of Spot and on closing basis.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
May 31, 2022
Trade closed: target reached
Traget of 76000 is done.
MRF
mrflong
mrfltd
mrftyre
mrftyres
Supply and Demand
Support and Resistance
Trend Analysis
tyresector
ShelendrAgrawal
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