MFSL trade ideas
MFSL Ichimoku Bullish Breakout Stock Name - MFSL
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Super Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at CMP,
and more bullishness will be visible after it cross 864.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Rule Based Investing
# Ichimoku Cloud
# Ichimoku Followers
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MFSL LongStock looks good at the break of the plotted levels
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position
Buy Today, Sell Tomorrow: MFSLDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 3-5% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 1% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in MFSL
Buy Today, Sell Tomorrow: MFSL