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Mrftyre

The Tyre King MRF Done with Upside?? Then Downside Levels hereStock is down almost -9% from it's freak trade all time high 150233 dated 17 Jan. 2024 There is only strong resistance around 145800 All other unnamed green horizontal lines could be work as short term support to bounce back and profit booking from short postions. If Green line broken down decisively then "Support becomes Resistance" theory suppose to be applied. Disclaimer: Analysis & View are personal and for the educational purposes only. Trade at your own risk. We recommend consult your financial advisors and do your own analysis before taking any trade. Profit and Losses are subject to your own risk management and constantly changing market conditions.
NSE:MRFShort
by SEBIRegistered
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.
NSE:MRFLong
by EntryandExit
Bullish Flag Brakout : Continuation PatternMRF TYRE Buy on Pull back at 57150 With SL Below 56900 For Target 61000 Or Buy the 1st 30 Min Range Breakout On April Fool's Day. Keeping SL as 30 Min Low or as per your Risk Management. Falling Wedge in Formation ? And if formed and Breakout, It's time to touch 200 SMA. The 200 simple moving average ( SMA ) is considered a key indicator by traders and market analysts for determining the overall long-term trend. The price level in a market that coincides with the 200 SMA is recognized as a major support when price is above the 200 SMA or resistance when price is below the 200 SMA level. Why is the 200 SMA so common for traders and analysts? 200 SMA is Widely followed by everyone. Markets react strongly in relation to it partially just because so many traders and analysts attach so much importance to it. Nothing to Explain more about it, because everyone knows about 200 Sma . Let's Look at MRF price Action Around 200 SMA . There Are Many Wild Moves In MRF TYRE LTD Around 200 SMA . MRF TYRE LIMITED From Low of 401 In 2001 To High of 81400 in 2018. 81400 ( up by 20300% in 17 Years) "This Dude Is the Only One Who Knows How To Use Rubber, While We Just Use and Flush" Let's Look at the Price & 200 Sma History Since 2000 to till date.
NSE:MRFLong
by Equity-Earningz
2