ANTER_RKE

A Classic VCP Pattren

Long
NSE:MRF   MRF LTD
A Classic VCP Pattren
1. A prior uptrend
2. Retracement of 22% from ATH
3. Pullback and again Retracement of 13%
4. Pullback again and now Retracement of 7% that is less than 10%
5. Thus forming a classic VCP pattren.
6. Good Buy candidate above black line .
Comment: Price exploded ouside VCP Pattren and buy activated.....
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