MRF - Cup and Handle & Bullish Flag patterns (30% upside)MRF has sustained for almost a year in sideways mode. Given the Patterns of Cup and Handle along with Bullish Flag. Potential Target can be 178k from current level of 141k (30% upside)
Mrftyre
MRF longMRF looks good to buy from here its my personal view do your own research if you want to trade. this is for education purpose only.
Thank you
MRF correction analysis and Swing position
Price has just reacted to Monthly Supply n there is a Fresh Quarterly Demand till which Price should retrace.
Following is the Curve Analysis
Price after reacting to the Monthly Supply has formed a Fresh Weekly Supply and has violated a Weekly Demand hence this Fresh Weekly Supply is a Trade Supply.
Following is the Positional Swing Short Trade.
#MRF Looking good 18.05.23#MRF.. ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
MRF : The market Leader ready for 1 Lakh MRF : Last dip till 85100 after this dip 1 Lakh paar hoga ye Share Pehli company India ki jiska share 1 Lakh ka hoga.
Will buy 5-10 lots when the reversal will be seen at 85100-85150.
MRF - LongMRF is ready for the long, its tends to complete neutral triangle and after that it will go for the wave (c) of a Flat. The first target will be 82250. If it goes to higher then it will be at 83750, if it extend the wave (c) then you may see MRF at near 85-86K.
MRF will it cross 1 Lakh Mark. ???Heading to 107000/-
trading levels and targets marked for result movement.
Negation of the view is also marked...
MRF Breakout Setupprice made good breakout with previous supported candle.
if we break the Green zone and made bounce than you can add the retest of this zone around 60700 rs
MRF TYRES WILL BE BACK ON ROADS....FIREWORKS SEEN IN MRF STOCK IMRF TYRES WILL BE BACK ON ROADS....FIREWORKS SEEN IN MRF STOCK IN COMING DAYS
Positional Buyer Look Here !Positional buyers look toward apollo stocks might seems toward 130-150-180!
MRF Inside Bar Bullish Set Up . Breakout Of 66800 With Bullish Setup(Candle & Volume )
Can Take it to 68300 to 69000 .
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
if support breaks, it's very easy to interpret this chart is only for day traders.
most expensive share of india.
5 year return 63.99%
2 year return -22.27%
promoter owned 27.77
public owner 72.23
