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WavesandZones

MRF correction analysis and Swing position

Short
MRF LTD (NSE:MRF)  
WavesandZones  
NSE:MRF   MRF LTD
Supply and Demand MRF nsefutures fnostock futurestrading futures mrftyre mrftrade mrftechnical mrftarget
2
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supplyanddemand mrf nsefutures fnostock futurestrading futures mrftyre mrftrade mrftechnical mrftarget
snapshot


Price has just reacted to Monthly Supply n there is a Fresh Quarterly Demand till which Price should retrace.

snapshot

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.

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