MFSL trade ideas
MFSL: Double BULLish ENGULFin. 21-Oct Engulfin 20-Oct --> Any day closes 593, will take a hop till 607. (check in 1day chart)
Tried to trespass 593 four times (Check 1hr/30min chart)
15-Oct Engulfin 14-Oct --> Will a small breath to cross 607 after rally above 593.
Open chart and enjoy analysis changing between 30min and 1day chart...
Disclaimer: Analysis for education purpose only. Seek financial advisor before making any decision.
MFSL - In a range for more than a week - #MarketMattersA BIG BREAKOUT IS POSSIBLE SINCE THE STOCK HAS BEEN IN A RANGE FOR A WHILE NOW.
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!