MRF
MRF Divergence 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
MRF COMING OFF A ROUGH TERRAINWith 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.
Log scale example 2 - MRF@yogi_sharma. This is another example, notice how eicher and mrf both first broke the channel and hovered around trend line and then free falled.
Enter MRF 56250-56500. Target 56950 & 57250. SL 55750. 2 sessionEnter MRF 56250-56500. Target 56950 & 57250. SL 55750. 2 sessions.
Long MRF with a SL of 59400Buy 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 are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. Any opinions, news, research, analyses, prices, or other information offered is provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
BOSCH looks strong 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
MRF buy setup for long term positional trade (good risk reward)Accumulate MRF between 62000-55000
T1: 81000
T2: 100000
SL: 47500
MRF Inside bar at S/R zoneMRF Inside bar at S/R zone.
Go long if it crosses high of inside bar.
Short if it crosses below low of inside bar.
below 1288 , balkrishna ......????? i am bearsih on the stock and would like to go short with proper stop loss and entry and exit levels /.
the HEAT in TYRE stocks may COOL down for a while !!Bfore 16/04.I AM bearish on the overall tyre sector upto MONDAY 16/04 ...& certain levels AS it has given a good run already and should take a pause , correct a bit , retest levels , and then can climb high ! OVERALL THE RAW MATERIALS REQUIRED , SHOULD BE KEPT CLOSE EYES ON !!
MRF channelIt 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 Channel BreakoutMRF 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.
Short on MRF with divergence 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 667999. MRF
MRF, Head and shoulder patterYo wass up niggaz, MRF forming Head and shoulder pattern.
Trade accordingly yo
