MFSLMFSL broke out of triangle patern on 30 min TF with decent volumes.
Could be bought with mentioned stoploss & target.
MFSL trade ideas
Swing trading longMFSL looking good for the coming week if it breaks out from the triangle it has the potential to give upto 4%
Trendline Breakdown in Max Financial Services Limited...Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MSFL is at major support with positive divergence on RSIMSFL is at major support with positive RSI divergence on a weekly time frame:
1) For long we can buy at this level but strict SL must be placed at 620 on weekly closing basis. TGT1 - 678, TG2 - 695
2) For short position, wait for the price to close below 620 on weekly time frame.
Note : It's your hard earned money always trade with SL, I'm just sharing my analysis
Are we ready for C/3 up ??A / 1 as clean 5 wave rise.
Deep zigzag correction in B/2
Friday
- Green closing
- Lower Band support
- Momentum indicator turned up without giving sell signal
Could not get better than this with very impressive Risk-Reward ratio.
Please note this is not a trade recommendation. Only our observation based on our study.
Kindly consult your advisor for any trade / investment decision
Swing trade opportunity in MFSLSwing trade opportunity in MFSL
Entry - 689
Target - 760
DISCLAIMER: I am not SEBI registered and the ideas posted are only for educational purpose. Always trade with proper STOPLOSS.
MFSL - Breakout in 15mins timeframe and FiBOMFSL is reversed and can touch 61.8 levels easily. Keep in radar for 780,810, 840 levels.
MFSLMFSL:- Rounding bottom pattern has been formed, breakout has also been given, keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Symmetrical triangle pattern breakout in MFSLMFSL
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakout of Symmetrical triangle Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 750+.
✅Can Go short in this stock by placing a stop loss below 712-.
✅breakout this can give risk:reward upto 1:5+.
a short waiting to be activatedMFSL has made a top formation near resistance, trade can be initiated at levels post earning
MFSL Inverse Head and Shoulder Price Action Breakout BULLISHPlan To Enter At Conservative Levels 750 -753,
Partial Exit At Target 1 And Trail Remaining For Target 2.
Adjust Your Stop-Loss To 707 Once Target 1 Reached.
Avg Entry Can Be Done At Aggressive Level 728 - 730
MFSL - Inverted Head & Shoulder breakout- Trend Reversal patternMFSL has formed an Inverted Head and Shoulder pattern and given a good breakout at the neck level 725-730.
This stock has been in down trend since Jul'2021.
This is a trend reversal pattern. Looks good for long term (6 months to 1or 2 years).
SL: Daily close below 670.
Immediate target can be 825 - 830 then 870 (previous swing high).
Note: This is highly volatile and illiquid stock.
200 EMA levels of 765-770 can be a small hurdle zone.
#MFSL - to continue the bull rally#MFSL - seems the sector to continue the bull rally could be Financials. Hence, have shortlisted a few financial stocks that could push the existing run, starting with #MFSL, though almost all of financials should do well in the near-term. All levels mentioned of chart and below, as well:
Enter Long @ CMP 700
SL @ 640
Target @ 820
Max financial Go longMax financial services inverse head & shoulder Breakout done add more above 755 Target 800/850 SL
720
🚀🚀
MFSLhovering near supply zone . 725 will act as make or break level keep an eye . ihs formation on dtf
Finding a swing trade then watch it Hello Everyone, Today got a new swing trade for you at here you can see a head and shoulders pattern so after examining the head and shoulder, target should be at 769 and stoploss at 625.05
MFSL: Equally Poised in either directional movememtThe NSE:MFSL is showing the previous High High (point #3 in chart) or Higher Low (point #4 in the chart) as the range bounded movement.
Potentially the move can happen in any direction.
But quite likely it will be in upside only as the volume buildup is positive and increasing.
Trade : Both sides ( green color price tags for Long, red color price tags for short )
BUY above 712, SL: 705, T: 715/718
SELL below 697, SL: 702, T: 692/689
Short Term Trade Idea BUY "MFSL"
Financials
Insurance
Midcap
With a market cap of ₹23,606 cr, stock is ranked 205
Stock has been generating better return on equity than bank FD
Stock doesn't offer attractive dividend returns
Good time to consider, as stock is not in overbought zone
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Disclaimer : I am not a SEBI Registered Research Analyst so before your Investment Please Consult you Financial adviser.
Buy MFSL 720 CE MFSl looks bullish and a very oversold uh may get a easy move till 780 with a stoploss of 650 current trading at 685 .
Option uh may are 700 CE and 720 CE 50% Sl and 100% target easy hit 🔥🔥
MFSL - Consolidation Breakout with VolumesNSE: MFSL is closing with a strong bullish candle supported with high 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 with the trendline support over the past few days which is creating the up trend.
One can look for a 10% to 14% 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
Disclaimer:
This is for educational purposes only.
MSFL potential to break out the patternMSFL significant volume increases near the pattern, so there is huge potential in breaking up the pattern.
