MFSL trade ideas
looking to max out .., eh!max looks pretty neat and it gives an engulfing pattern in the 1 week timeframe . if the finance index gives a good bullish signal. then opt for entries
Potential BreakoutPrice is consolidating after testing the level multiple times. Might give a good momentum above the level if sustained
Buy at CMP for short term return up to 10%W pattern formed at bottom. Also Daily candle closed above 50 Dema
INVERSE HEAD AND SHOULDERS PATTERNONLY FOR EDUCATIONAL PURPOSE
>15Min chart
>Bullish pattern
>Inverse head and shoulders pattern occurs when a market trend in process of reversal (upward/ bullish)
>5SMA BEAR
mfsl for short buyTrade based
waiting for hr tf trend line break out.
possible to retest the 4hr tf breaked resistance.
Swing Opportunity in Max Financial ServicesGo Long above 994 for Targets of 1031.85, 1069.7, and 1107.55 with SL 956.15
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci level.
3. Also there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
4. The stock may go up to the resistance zone (marked with red color) where it may face resistance so we have kept our final target just below this zone.
MFSL NSE: MFSL 983
GOOD CHART WITH RISK-REWARD
-pennant like formation
-or you wait for the results to enter
MFSLMFSL
Previous resistance becoming support
go long above high of doji with sl low of doji
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
MFSL longmfsl hits support zone and taking 2 days high need to watch todays closing if closed above 1000 level then its buy for short term or say nxt month. keep it on radar high risk reward setup.
MFSL - Risky ShortIgnoring the market trend or say to hedge the long positions this short trade can be used with the SL 1040
MFSLon very good support level
we can see more upside levels in future in it
Not any recommendation
thank you ..!
MFSL entered with stop below 956 on a 15 min closing basisMFSL entered with stop below 956 on a 15 min closing basis. Lets see where it has to go..
SWING MFSL (risky)Continuosly taking support at 990 with the increasing strength of RSI i.e BULLISH RSI DIVERGENCE
Can go for the swing target of 1050 !!!!
See my previous views on various stocks to rely on my analysis ;)
Happy trading !!!!
BUY MFSL Shows Bullish at CMP,
BUY at Given price in Chart
Trade Setup WIT
Initial Target 1:2
Final Traget:1100
MFSL intraday trade idea for 9th Sep#MFSL : entry and exit levels on the chart (refer black/blue lines). Place SL@0.4% of the entry price. Zones (if present are in pink/orange) are the places where it's unsafe to enter. This stock will fly above 1095 #INTRADAY
