MRF

A divergence is formed on the MRF with stock trading at its long term supprt but keep in mind it's Q4FY19 results are due for the next week. Jai Hind

With the price movement and the pattern confirmation one might fee that MRF might bounce back in the short term. One can slowly start nibbling in small quantities with a target of 59950/ 61250 with SL below 53000. There is a high possibility we might have caught MRF at the bottom of this downtrend.

Enter MRF 56250-56500. Target 56950 & 57250. SL 55750. 2 sessions.

Looks like Head and shoulder breakdown. Target 49000 . SL 62000

Buy MRF with a target of 60800 with a SL of 59400. Adjust your volumes as per entry price. Avoid taking the trade if it opens above 60400. Disclaimer : All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors...

levels mentioned in charts !! i see stock at 21k +++ condition is it should hold supports of 19500 !! as long as its above 19500 bearish below 19500 zones

sell Cmp 63172

see chart

Accumulate MRF between 62000-55000 T1: 81000 T2: 100000 SL: 47500

Details on chart.

SELL BELOW

MRF Inside bar at S/R zone. Go long if it crosses high of inside bar. Short if it crosses below low of inside bar.

MRF is back to break its previous highs and ready to make new highs

i am bearsih on the stock and would like to go short with proper stop loss and entry and exit levels /.

MRF CAN SLIDE TO 65 K IN NEAR TERMS

It has been observed on weekly chart that MRF LTD has been trading within channels. We can expect some correction in MRF below 62000 Please use this as a reference in addition to your analysis.

MRF is on the edge of channel. Can be a start of another HUGE leg up of 20k points.(previous leg ups were 20k each) or break down of an year long up channel.

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...