MRF
MRF LongI hope you can now see how MRF represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
mrf clear accumulated stock in this mareket]risk return reward ratio is much favorable buy MRF near 78k-81k sl 73k tgt 85k/87k/90k/98k/1lac+ possible one can add position in MRF with this levels... i am not sebi registerd analyst this is for education purpose .consult ur financial advisor before investing...!!! NSE:MRF
MRF SWING Setup FormingThe Indian Giant on the move?
Also expecting good business performance in the future quarters to help the up move.
MRF Swing setup forming, once it breaks the trendline and the nearest resistance at 83,450 , Can be entered above the same.
Stop loss can be placed at 80,000
Targets can be dynamic depending on the move but decent achievable targets would be 88,000 - 92,000 - 94,500++
Tried to keep the setup as simple as possible for new traders.