INTRA-DAY LONG on MFSLMFSL is in prolonged up-trend. Stock has breached it's all time highs and will continue to rally up before taking a halt.
A general behavior of stocks trading at ATH is the continuation of trend rather than correcting.
Hence my bias is on the upside.
Chart speaks for itself. Buy above 688 for the targets of 700, 707,715 with SL at 683.
688 has acted as resistance recently and is an important level to track for initiating a buy.
NOTE: These are my personal views. Trade at your own risk.
