Hello Friends,
Here we had shared possible Elliott wave counts of MRF chart, in which we can say that currently we are near to make one more top as a wave 5, so any dip could be used as an opportunity to go long with strict invalidation level of 95164, which is stoploss level of current view.
Thanks
I am not sebi registered analyst.
My studies are for...
The stock has been trading in a triangle pattern and has respected the levels.
If the stock breaks the triangle, a good move is expected in the stock
The stock looks quite bearish as it has been trading below its 20 ema on a daily time frame.
Support :- 64850, 62900
Resistance :- 69900, 72600
Wait for the levels, if the triangle breaks out the stock can give a...
