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rabiview
May 2, 2020 1:31 AM

MRF "TIME TO SHORT" IN FUTURE Short

MRF LTDNSE

Description

Current levels may reach near 65k or if it breaches may go max level at 70-72k
Volume also very low at right shoulder as compared to left shoulder .....
IN future monthly chart suggest a Short as supported with head and shoulder formation ....
Neckline is bit slant


So possible outcome in future if price breaks 50k level in future ...target price may reach around 30k....

head = 80k , neckline level =30k, so 80 - 50 = 30k as a target price.....
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