MRF looks good. The only hurdle is the 87300 level, which is also the Fibbo level. Crossing it, we can see 90K-95K++
MRF looking strong for upward move buy CMP 81893...
Just closed below the Sep Bullish Point.... good entry near bearish point with minimum stop Levels Marked... Happy Trading....
]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
Looks like Ascending triangle is formed in MRF on 1 hr/1 D time frame. going Long in SEP Future, and selling 90000 CE. Risk reward ratio is 6.6, Volume is not so good, But the R/R ratio is good. So entered the trade. SL - 80890.
Keep an eye on MRF .....break out This is for educational purpose only
Triangle pattern breakout in MRF Limited. can take long position.
MRF has been in a triangular pattern, it broke with good volume after long time, looks very bullish , entry 82400, stop loss 78100, first target 89100
Bearish pattern created in MRF, once falls below 77000 then more downside coming soon.
Looks like MRF is trying to make a double bottom chart pattern. One can do accumulate between 75,000 - 77,000 for a short term investment.
Bullish flag pattern in MRF Ltd on weekly timeframe.
MRF gave breakout from triangle on daily chart. Long can be for 87000 with CMP 81970.
Seems like the stock is preparing for a good break out. Buy once the stocks breakout from the triangle pattern Follow this idea for breakout
The 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...
NSE:MRF still some correction to go on before good reversal to occur.
MRF is showing strength. Downtrend has clearly reversed for it, daily RSI above 60. Buy above 85500 with stop loss @ 82800. Next resistance is at 90K levels.
#ASHOKLEY NSE: ASHOKLEY CMP 128.40 Target 1: 139 Target 2: 157 SL 120 RR Ratio > 3 Time Frame < 45D CAN HOLD ABOVE 157 for 170 target! Book part profits! Factors: Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE...