MRF - Double top Pattern - 1st Target 57532There is formation of a double top pattern in a daily time frame chart following major resistance 61143. The exhaustion in bulls is further supported by a double top formation around 72 levels in the RSI indicator. This pattern will get more firm with the consecutive bearish candles below the uptrend resistance line. Therefore, the first target is 57532 and the second target 54816. Shortby gurjot_galwatti5
MRF - Bearish Harmonic GartleyIt has reversed from a bearish Gartley PRZ in daily time frame. As per Ichimoku study a retest of Kijun/Kumo appears possible which coincides with the Harmonic Trading Pattern retrace expectations (56000-55500). The view would go wrong if it sustains above 58900 on closing basis. Educationby Dinesh_C_NagpalUpdated 0
SHORT SELLMRF may correct SELL @58869 1sr target 58444. 2nd target 58045.. SL..59171Shortby a_nilesh1
mrf to gya i hardly plot harmonic,its for those who like harmonic,as per time and price its a sell from this friday .Shortby sandyUpdated 0
Sell in FuturesOne can look for short selling in Future contract after you see reversal in 2 Hour time frame and look to book near the forecast Shortby ShreeKrishnaUpdated 1
MRF Divergence A divergence is formed on the MRF with stock trading at its long term supprt but keep in mind it's Q4FY19 results are due for the next week. Jai HindLongby bgmungekar3
As strong as Sachin's batDo not forget to like, share, subscribe and yes, please press the bell icon. Targets 60600/62120/63000/64k Sl 57300 RegardsLongby yogi_sharma_elliottician555
MRF LTD.- 65000 IS SEENMRF HAS STARTED MOVING UP. TARGETS 61779 AND 64472. FOR SAFE TRADING LET THE PRICE CLOSE ABOVE THE 61800 LEVEL. STOP LOSS 57035.Longby Sunandamedi0