MFSL trade ideas
MFSL Inside BarShort if it breaks the low of the previous day with a stop loss at the previous day's high.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
MFSL Short term view-BullishMost of the time I given my views before breakout, by viewing indicators and having confident on that, So safer traders, can initiate trade after breakout (on closing basis) and risky traders can buy from this level.
Daily MACD crossover,Weekly CCi crossover,low stoch,positive RSI and other positive signs helps to reach the target range.
Vijayaraghavan.K,
Kovilpatti.
Triangle BO- Daily Chart - Max Financial servicesNSE:MFSL
Wait for Trend line BO -Close above 524
Targets: 534 (Multiple High point) , 611
Support: 495
at neckline. breakout/ reversal. Results on monday, long if it breaks tl on daily.
most likely will see a fall from the neckline.
MAX Finance NecklineMAX 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 JulySell Max Financial in Supply Zone Valid till 6 July
MFSL#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
Trend Reversal big W breakout for Investing/TradingThe 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.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
MFSL Short and Mid term viewRefer chart. Indicators may turn positive side on upcoming days.
Vijayaraghavan,
Kovilpatti.
