📌 Current status
Latest quote for MFSL is ≈ ₹1,690.20.
52‑week range: Low ~ ₹950 — High ~ ₹1,751.40.
According to one technical‑analysis provider, the short‑term/mid‑term/long‑term bias remains bullish, though price is currently a few percent below recent resistance.
🎯 What this implies (on 1‑day timeframe)
As long as MFSL stays above S1 (~₹1,670), the short‑term trend remains stable; dips toward S2/S3 (~₹1,646 / ₹1,622) could offer re‑entry opportunities if price action stabilizes.
A breakout above R1 (~₹1,716–1,737) and sustained move toward R2 (~₹1,740–1,764) could open up upside potential toward R3 (~₹1,764–1,794).
If price falls below S2/S3, risk of a deeper correction rises — possibly pulling back toward lower support zones or consolidating.
Latest quote for MFSL is ≈ ₹1,690.20.
52‑week range: Low ~ ₹950 — High ~ ₹1,751.40.
According to one technical‑analysis provider, the short‑term/mid‑term/long‑term bias remains bullish, though price is currently a few percent below recent resistance.
🎯 What this implies (on 1‑day timeframe)
As long as MFSL stays above S1 (~₹1,670), the short‑term trend remains stable; dips toward S2/S3 (~₹1,646 / ₹1,622) could offer re‑entry opportunities if price action stabilizes.
A breakout above R1 (~₹1,716–1,737) and sustained move toward R2 (~₹1,740–1,764) could open up upside potential toward R3 (~₹1,764–1,794).
If price falls below S2/S3, risk of a deeper correction rises — possibly pulling back toward lower support zones or consolidating.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.