MFSL trade ideas
MFSL Trade Setup !!TREND ANALYSIS
TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then short.
MFSL OPENED OPTIONS POSITION MFSL SHOIWING good momentum so opend options trying to get 10% return .
Strategy Positions
+1x 29AUG2019 430CE - ₹ 13
(0)
+1x 29AUG2019 430PE - ₹ 9.65
(0)
+1x 29AUG2019 440PE - ₹ 12.2
(0)
+1x 29AUG2019 440CE - ₹ 8.4
(0)
+1x 29AUG2019 420CE - ₹ 19.45
(0)
+1x 29AUG2019 420PE - ₹ 6.2
(0)
Max. Profit
₹ Undefined
Max. Loss
₹ -58,680
Breakevens
407.1-452.9
Total PNL
₹ 0
Estimated Margin/Premium
₹ +82,680
MFSL - Bearish Shark - 4H TFBearish Shark pattern on 4H Chart of MFSL. SELL 439.5-440, SL 444.15, Target(s) - 434, 431.
Momentum trade in Max FinancialThe stock flashed in the top gainer's scanners showing good momentum. The first entry was on the break of R3 pivot with SL tad below R3 line. Second entry could have been on the BO of the first 15 min candle above the R3 or a minor pullback you see here on lower TF - 1 minuter chart.
Exit in the 40s as the trend starts weakening with RSI in the extremely overbought zone showing clear divergence in lower TF charts. A countertrend trade - short can be taken towards the completion of Doji pattern, as looking at the PA it was likely a momentum move and chart structure was not convincing for the rally to sustain.
MFSLMFSL, Stock at trendline support.
Keep n eye. Can bounce.
Small Risk trade.
Long
CMP 420 can be bought on dips till 410
SL close below 400 Target 450 and more.
Bullish Cypher Max Financial ServicesBullish Cypher Max Financial Services
Prz - 391 - 398
Sl - 386
Target 1 - 416
Target 2 - 427
MFSL - DOJIMAX HAD A DOJI.
IF THE PRICE MOVES ABOVE 442, BUY WITH TARGETS AND STOP LOSS MENTIONED IN THE CHART.
IF IT MOVES BELOW THE LOW 432, THEN SELL AND ABOVE PRICE LEVELS SEEMS TO BE APPLICABLE.
Bullish Bat Max Financial ServicesBullish Bat Max Financial Services
Prz - 410 - 415
Sl - 405
Target 1 - 422
Target 2 - 428
Max Financial - Cup & Handle/Break Out Retest.Making of Cup & Handle.
Break Out Retest.
EMA Support.
Trial SL As Per Comfort.
Other Details Mentioned In Chart.
Can Be The Stock For April Series.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registerred Financial Advisor.
