MFSL trade ideas
MFSL- RSI BULLISH - STRONG BREAKOUTThe stock finished its correction and started to travel in uncharted territory once again.
RSI is very bullish, as monthly, weekly and daily levels are above 70, tells it has high potential to give high returns.
MFSL BREKOUT occur Will Move like RocketIn Continuation of learning support and resistance on Chart.
Today take example of Chart of MFSL which can be seen as Beautiful example of learning support
and resistance
how breakout can be find out from the CHART
here tomorrow this stock seems to be moving after consolidating since long back.
mcpriceaction
MFSL BreakoutMFSL breakout after a nice accumulation near a resistance area. Looks good for a swing.
MFSL is a swing trade on long sideMFSL is a swing trade on the long side wit Target of 950 with SL of 850 (RR is 1:1)
Have indicated 4 prior instance where stock has bounced back from 50 DMA on daily chart. This is the 5th chance.
Simple but effective strategy. All the best.
Do you own analysis before investing.
MFSL - Resistance Breakout ViewMFSL :
Ready for Ascending Triangle and Resistance Breakout
Long above 965 with a SL 935
MFSL - 1D - Cup & Handle PatternLogic :
1) Cup & Handle Pattern
2) Bullish Engulfing Candle Stick on 25-05-2021
3) Volume above the average of 20 days
4) RSI Crosses 60
5) MACD Crosses Signal Line
MFSLNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
MFSL is on breakout.Price is ranging at this range for a long time which indicates for a breakout, most possible price will give a good break out from here just wait for price to come.
MFSL - Intraday Set up 2The stock has come back to its 50 EMA. The structure is already provided for reference along with S&R LEVELS
The Indicator Used:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
MFSL - CMP: 931It has given Wedge Pattern breakout on the daily chart. All oscillators are in positive bios. We can expect the price target of the wedge pattern as 1050 in the near term.
MFSL Cmp 876.45 dated 15.4.2021MFSL Cmp 876.45 dated 15.4.2021
Stock is taking support @ 830 & have made
bullish candle.
Buy above 880 for a tgt of 910-950 SL 845
