MRF trade ideas
MRFMRF looks to be trading in a rising channel. Currently the stock is at the support line of the channel. It can go towards the recent high around 67500 & further towards the channel resistance line around 73000. Can be bought with a stop below 60000.
BUY MRF Good chart patternMRF Taken Support from 60000 odd levels.A good Buy With a target of 66000 & 67500.
sl-60000
Long Set Up One can wait for 2 Hour Strong Close before entering in trade and Look to book near the forecast
Mrf in Descending Channel.. Mrf in Descending Channel.. keep a eye on it as it is in trending in channel as the price of the share is quite high very few traders would be trading in it.take move according to the breakout
Long MRFTrade taken based on the triangle breakout, Can keep SL below the trendline at 59000 target can be 640000 or above. Take the trade once the 1hr candle stick complete and stays above the trend line.
MRF Trading SetupAll charts are purely for educational and information purpose only. Invest or Trade at your own risk.
MRFMRF next support levels are 56045, 54801, 51760, 47612, 40562, 35033 and resistance levels are 61022, 63095 & 66551
MRFevery auto ancillary specially tyre stocks were beaten down in last 2-3 years except MRF. keep it in watchlist and buy it around 32000. in this madness, you think of a price & it comes.
MRF going down - Target to Support area.Trendline has been broken, it will go down further to support area.
More than 2700 points profit.
