MRFMostly MRF should have completed correction for an up move. This entry point is with good RR ratio. Always focus on capital than profit.
MRF trade ideas
Guide to Pullback & Continuation SetupsPullbacks are very common phenomena in PRICE ACTION trading which has following 4 phases
1. Breakout from resistance area or breakdown from support.
2. Moves in breakout/breakdown direction.
3. Reversal move where previous support/resistance reverse its role.
4. Move continuation.
In the chart example of MRF, yellow trend line acted as support zone where stock took multiple support.
Phase 1 : On 22-Nov'21, it gave a breakdown from this support trend line resulting in initiation of short trade.
Phase 2 : MRF continued its downward journey from 77000 level to 69000 level giving a great move of more than 10%.
Phase 3 : Post this downfall, it reversed and retraced back untill it hit previous support trend line which acted as resistance to it. This is characteristic of Support & Resistance where previous support reverse its role & act as resistance.
Phase 4 : After taking resistance from previous support, MRF continued its down journey from 77400 to 68200 till Friday.
Bullish example of Pullback & Continuation
Idea
Federal Bank
RIIL
Have you encountered Pullback & Continuation? Share your setups & identify 4 phases in the charts
Hope this article help in learning.
Thanks
Piyush Gupta
Learn & Earn
MRF LTD LATEST SHORT TARGET In This video i am talking about MRF ltd DAILY chart with the help of Ichimoku and Fibonacci ..
MRF - Looks WeakMRF : Intra View
Flag Pole breakdown in progress currently
Looks Weak, approaching Support (longer TF)
If Broken 72850, may fall further till 71400
MRF ready for upmoveStock had corrected about 25% from life time high point. taking support around long term support line. Should bounce back from these levels
Disclaimer: View for Educational Purpose only, not to be taken as trading advice.
STRATEGY: RANGE SUPPORT - MRFThis is just for study purpose.
MRF GOOD SUPPORT at key level 77163. Hope it will bounce back.
Buy @77163 or near.
Stop loss @75709 (-1.77%)
Target 1 @80303 (+4.46%)
Target 2 @82493 (+7.04%)
Target 3 @86717 (+12.52%)
RR: 2 to 4
MRF LongI hope you can now see how MRF represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
eicher motor short term for sellTrade based
Weekly DT broken
Day tf trend was reveresed
Hr tf bounce back broken
MRFLong
CMP - 83115
TP - 87100 - 89800 - 98500 - 105000
will be retrace after each Target. new buy opportunity every time.
MRF - Jyada Chalega
Shorting in MRFAt very interesting Level.
If breaks 75300 with some good downtrend price action on
30 minute TF then great shorting opportunity. It is also below 200 EMA.
R:R = 1:3 (Trailing SL)
MRF Short Term ChartThe main Support is at 78381 if it Breaks and the Daily candle Closes Below it with a weak Volume, the downfall will start else if it manages to close above 78600 than trend is still Bullish
Mrf using snakebandEarning was not bad
Still looking good
Green line are SNR
Blue lines are key lvl
Target st is yours own way it's large cap stock decide your way , I'm in just analysis
MRF good swing tradeIf you go through mrf then u find we are at very critical level of support which is very different to break
Or by chance when it break it will come back immediately
a very good opportunity for swing trading
This time we can see a price rejection from support
SL below support
Target as much u can with help of (5,10,21,50,100,200) moving average
BEST OF LUCK
👍👍👍👍👍
mrf a safe strong stock tgt1 -85000, tgt 92000 results nov 3results might be good also as it had tied up with ola ev scootys
however stock trading at low pe than its sector pe being market leader if pe gets equal to sector pe it will be at 89000
and can see lower side risk is till 71000 ,(worst case very very low chance )
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk
MRF | Trend reversal. Potential to earn 20% plusTrend reversal, short term trade
CMP: 78412.50 (looks good above 79710)
SL: 76650
Target: 94286
( Targets calculated on basis of Fib.)
Disclaimer: I am not a SEBI registered analyst. My studies are for educational purpose only. Please consult your financial advisor before trading or investing.
Happy trading !!!
MRF VIEWPLACE GTT ORDER
GTT 1 75000
GTT 2 74000
Disclaimer: All Charts are for educational purpose. Please consult your financial advisor before investing.
MRFMRF: Looking Good
Expecting Bounce Back to Bullish from Support Level Trend Line
Buy Above/CMP 78,714.05 Add Every Dip Stop-Loss Closing Below 76,000 (Safe) 73,500 (Risky)
Target 81,000-84,000-87,000-90,000+++
Positional Call
Buy MRFBuy MRF. Retest Buying Zone 83300-83400
Stoploss 78500
Target Ab ki baar 1 lakh paar
Retest Structure
MRFMRF . Bull Trend Started so i am Expected more bullish movement.(Buy =80030) (Stop Loss =78050) (Multiple Target= (82655,87330,90000,96400.)
