Downloading...
Download

MRF

MRF Sell Setup For swing Trader !The location of trading activity. At the end of the chart, on the Upper right, we can see that the trading activity moves in the lower part of the value area, between the control and the value Low. This is uncharacteristic for an Uptrend. Additionally, the price rotations are becoming narrower, it is starting to rotate between the control and value Low. In an Uptrend, when price rotations become small and they happen in the upper part of the value area, the trend is most likely to end. You can short MRF below 56600 Level with SL: 57450, Target: 55k,54k Thanks You can share your view on MRF with us Thanks
NSE:MRFShort
by Trading_buddy
Bullish on MRF (Long term) - Another opportunity to enterMRF has broken out of a high degree downtrend and is consolidating above the UTL (of the entire move down). Any move above the UTL (of the current consolidation) could be a good entry point for holding it till a target to new highs. This is in continuation of the previous post on MRF, in case that was missed (link attached). The fib levels would act as support. So the up move could start from one of them or from the long term downward sloping trendlines of the downtrend.
NSE:MRFLong
by tushargupta1991