NSE:MFSL Wait for Trend line BO -Close above 524 Targets: 534 (Multiple High point) , 611 Support: 495
Short MFSL on rise or break and retest of Bearish Flag.
explained in chart
Results on monday, long if it breaks tl on daily. most likely will see a fall from the neckline.
MAX FINANCIAL , MSFL , has been respecting neckline for over an year. Been in a down trend for a while, Currently testing the neckline and trendline. Awaiting a breawkout/reversal on acccount of results on Monday
Sell Max Financial in Supply Zone Valid till 6 July
As per chart , price trade near it's support zone Refer chart
#MFSL looking good on monthly chart there is support at lower level of uptrend channel. If stock able to hold support than stock can see 685 in next 1.5 to 2 year if not than more 26% downfall in stock. There 424 is important level on chart
The stock has completed the big W pattern and flying after the breakout. Although it has already moved 25% in last 5 bars and as a trader we have already missed 2 entries but still it has a potential to fill the complete valley. One can trade the stock accord to their risk taking capacity. 2 Missed Entries are marked for the beginners on how to trade the pattern....