Max financial Service given good breakout with good volumeif it break today (17.12.2020) high we can expect some decent move on MFSL
MFSL trade ideas
MFSL 15MINTHE STOCK WAS BEEN TRADING IN A RANGE BEFORE TODAY IT GAVE A BREAKOUT OF THE RANGE AND CLOSE ABOVE IT
ONE CAN GO FOR THE TARGETS MENTIONED ON THE CHARTS.
MFSL - Entered back to Previous Strong resistance zone - ENTER #mfsl Given a Break out from Strong resistance and Entered previous strong resistance zone as shown on chart, which can play a good support now...
playing this with sl 619. Stay bullish unless crossed 619 closing basis.
Max Financial - 150 points likelyNSE:MFSL 3-4 months of consolidation. Breaks out above 650 and closes up with decent volumes. Buy above 660 for 130-150 points. Exit if closes below 630.
MFSL: A STRONG CANDIDATE TO BUYI was initially skeptical about this share, but chart pattern convinced me. Its about to break a long trend line. If closes above this trendline then go wild. 660-670-680 are the short time target for this bull.
But if it fails to break and close above the upper trend line then wait for it to break the lower trend line and go short.
t@-pricetrader
MFSL - rectangular consolidation BO with decent volumesWatch for newer highs in this counter - SL given on the charts
MFSL#mfsl followup... from 620 to 640 now...finally good breakout with volumes...Stay bullish here for 700 and 750 as next targets...
BUY MFSL for short termMFSL has given clear buy signal by breaking out on upside from cup and handle with good momentum. target for short term are 660,690. stop loss could be low of handle i.e 595
MFSL - 3 months of resistance - will break.Price rejecting heavily from this resistance levels for the past 3 months. The rejections are heavy which shows how strong this level is, expecting the price to break this level in the coming week.
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Max Financial Services - Cup and Handle PatternNote: This is for educational purpose only.
There seems to be a formation of cup and handle pattern in strong uptrend. RSI above 60 indicates bullish momentum. Rise in volume with rise in price indicates demand.
