MRF- Buy SetupThe stock is taking support at 5.5 month trendline and has also bounced from a previous resistance zone with nice volumes. It is good buy above 71200 with a stop loss of 69000 and a target of 73800, 75600Longby getsetradeUpdated 2
MRF GAP MRF will fill the gap like it always does. Wait for the trade to trigger. Or it will consolidate there for sometime. Longby Amit_Ghosh5
Short on MRF with divergence A weekly chart of MRF hasn't shown any considerable signs of weakness, but the daily broke the descending triangle's bottom @70976 with MACD in divergence with the price action. As marked stays above zero with weekly and monthly both the charts showing positiveness, the bearish movement might just be a correction so my target is going to be 667999. MRFShortby rkskitchen62
MRF Analysis...Twist of Market !!In my previous post I had mentioned about going long on MRF. But the stock gave a false breakout and revisited the support levels before going for the ride again. I hope this time it continues to new highs. Longby Shashi_Y3
MRF, Head and shoulder patterYo wass up niggaz, MRF forming Head and shoulder pattern. Trade accordingly yoLongby sudheergthmUpdated 112
MRF - HOURLY BREAKOUTThe stock is trying to extend its rally even further and has given a hourly breakout, currently sustaining above it. Buying may continue. Volumes are falling though. Watch the stock. by dravyaUpdated 116
MRF BUY MPL/Action-Reaction MRF stock after a strong vertical bull run paused and it looks like ready to resume the journey again. One can go long now or on dips wherever one is comfortable with the stop loss of 49600 for target of price range 55650 - 57500. It offers good risk to reward ratio. Longby praveen.bhatiyaUpdated 119
Falling wedge breakoutFalling wedge in rising market is a continuation pattern Target 55400 stoploss 49520 Longby FiscassetUpdated 2
MRF - PERFECT SHORT SETUPThe stock had earlier broken out of its channel but post few sessions I got convinced that it was a false breakout. Post poor results the stock has broken down of a descending traingle that too in a uptrending NIFTY. Likely target on the stock is 47500-48000. SL has be closing above 52000.Shortby xclusiv_abhiUpdated 3
MRF - Fake Breakout | Range ? NSE:MRF has been trading in a range starting October and yet again reversed from highs. If the supply zone stands good, it should go down to the previous swing low. Otherwise, if it breaks the rectangle upside, we might see action on the long side. Shortby dravyaUpdated 3
Sell and Buy in MRF Sell MRF below 51300 with target 48400 BUY near 48200 with sl 47500 by rohit.muluk1
SELL MRF @ 51500 - 51600 time 1 - 2 MONTHSSell MRF @ CMP 51500 With 54600 Stop Loss Target - 45600 and 41000 Call given on 19th Dec 2016Shortby vishalbenglooruUpdated 110
Symmetrical Triangle breakout MRFBeautiful Symmetrical Triangle breakout offers an opportunity to buy the stock at current level. Longby praveen.bhatiya1
MRF CUP AND HANDLE PATTERN ( EDUCATIONAL only )MRF chart 1 hour showing CUP n HANDLE pattern. If the pattern is vaild, fall back a little and will shoot up from here. TARGET = 55000Longby datturockerUpdated 223
MRF - SHORTMRF, touched resistance and looks like bouncing back. SELL below 52300 Target - 50000 STOP loss - 53000Shortby datturockerUpdated 1
MRF TYRES - LONGMRF is moving in Channel range and bounced from support levels. Same with RSI. LTP = 49100 TARGET = 52000 STOP = 48000 Profit = 6% STOP = 2% Longby datturockerUpdated 113
MRF >> Daily Candle >> Bearish Breakdown from Up Trend LineBearish Breakdown from Up Trend Line + Decreasing RSIShortby stocksonfire332
MRF - Stock overdue for correctionMRF has raced up around 60% for the past four months without any meaningful correction. Daily chart is giving indications of exhaustion on the part of bulls. With a reversal in Nifty on cards, it seems quite likely that MRF will follow suit. What indicators are saying: Double top - Price pattern has formed a double top near the 54000 level. Bollinger bands - CMP is near to upper bound and red candle indicates reversal to mean position. Decision - On further indication, look for SHORT position. Targets: Immediate Fibonacci retracement level - 49500 If 47000 is broken, Target 2: 45500 Stop: 55500-56000Shortby NikhilGhodkeUpdated 2
MRF SEEMS GOOD TO SHORT BELOW 50800MRF 15 MIN CHART SHORT FROM 50700-50400 OR EVEN LOW ... FOR TARGET OF 47200 AVOID IF OPENS ABOVE 50800-900 LEVELS Shortby Mahadevbpatil1110
MRF: Will The Support Hold or ..After a massive rally, price has gotten into a correction recently. What the price does at the current support line would be a key development to monitor. If there is a bounce from support, the next question is, will the price clear the resistance at the red line. The answer to these two questions would provide clue about the near term trend for the stock. Time to be cautious is my take for now. Let's wait for a few days to see what transpires. by techtrailUpdated 5
Continue holding longs in MRFMRF is not giving any signs of reversal. One can continue holding this stock till we get the start of a corrective move. Other tyre stocks like CEAT and Apollo Tyres as posted earlier (check the attached links) can be continued to be held (till any visible reversal signs). Longby tushargupta19911