MSFL long at 1015Weekly VCP support from 50 ema
Daily breakout with strong RS
High volumes in last 2 days
Can be traded for 1067 tgt with SL closing below 975
Half qty can be trailed using ST 10.2 as positional trade
MFSL trade ideas
mfsl - buyBuy from cmp to 972
sl close below 970
easy tg - 988
tg2 - 998
Not suggested
Disclaimer : This is my personal analysis for study purpose not intended for trading.
MFSL FLAG BREAK OUTMfsl took support at previous low in daily chart and it has formed a flag pattern and the breakout is done,so look for a buy in this task for short term target of 1105,this stock has potential to break all time high and if that happens out next targets are 1300 and the final target it 1480
MFSL - Bullish Consolidation with VolumesNSE: MFSL is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Bullish signs for MFSLOn the breakout of the pennant pattern in MFSL, Target is projected at 1049.50 and 1062.50 (spot prices).
Immediate resistance at 1005.90-1006 for any possible reversal in trend, making it an important level to watch while taking a buying entry.
Daily bullish Flag Breakout A Bullish Breakout of Flag and Pole pattern is visible on the Weekly chart of NSE:MFSL
MACD already gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
HIT THE ROCKET BUTTON IF YOU LIKE TO BOOST THE IDEA.
Risk Disclaimer:
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions.
MFSL:DEMA GOLDEN CROSSOVERMFSL:10DEMA Golden cross over against 20/50/100DEMA in long term daily chart .suggests a possible move towards 1000-1025(for educational purpose only)
MFSLAfter a small retracement this script looks well set for a good move to the targets mentioned in green
MFSL is making quite low . Looks a bargain buy in terms of trendMFSL is making quite low . Looks a bargain buy in terms of trend.
Max Financial Services Ltd.( potential upside 20%)
Sector: Finance - Others
On a monthly & weekly chart script shows a strong bullish trend. This is a stock that is around its 52-week highs and shows a robust trend.
now weekly chart shows accumulation in demand zone with RSI divergence...
MFSLMFSL Going in parallel channel pattern. 930 is good support here. If price break this trend line with positive momentum. then stock can go to 1020 for first target.
Daily chart of Max Financial Ltd#MaxFinancialLtd Analysis:
📊 Daily Chart:
CMP: ₹948.15 | Market Cap: ₹32,722 Cr
PE Ratio: 64.63 | 52W High/Low: ₹1067.50 / ₹599.10
📈 Market Trend:
Uptrend since April 2023.
Forming higher highs.
Resistance turned support.
📉 Technical Insights:
Trading below middle Bollinger Band.
Watch for crossover above the band.
🚨 Disclaimer: Not financial advice. Conduct your own research.
#MaxFinancialLtd #StockAnalysis #MarketTrends
MFSLMFSL Getting Trendline support . Already bullish pattern forming. Wait for confirmation . Price has potential to reach 1125 from here.
Double support in MaxSupport from both 50ema and Pivot in daily timeframe
Can play a reversal trade here
Do your own analysis - Don't follow anyone blindly 📌
Watchlist--add to watchlist
--BUY after breakout with good volume
--Trendline support
--near term target 1000+
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if needed
#MFSL #NSE - BREAKOUT ALERTMFSL
Breaking out of a 12 week consolidation base.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
Amazing breakout on Weekly / Daily Timeframe - MFSLCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
Max Financial ( 973.65) gave breakout on 14 Aug2023 @ 872 for tMax Financial ( 973.65) gave breakout on 14 Aug2023 @ 872 for the TGT of 1095. It again came back to breakout point on 30oct and gave second chance to buy at 869. Eventually it moved up , our bias remain bullish for the TGT of 1025 & 1105 .
BREAKOUT BETIn daily timefram after a long rally price consolidate in price range 870 -970. Although it break upper level and sustain near High zone
1000 is minor resistance for rally ..
Anyhow if price go below 905 in near term it could again trade in range and Analysis may no meaningful.
This Analysis suitable for positional trading only ..and holding period atleast 4-5 month.
