If weekly closes above 74k, with strength candle.
Waiting for CCI34 to cross 0
Momentum is still not there,
Its reversal's first signal - For Safe trade, wait til Friday to close weekly in GREEN candle.
MRF has broken out of a high degree downtrend and is consolidating above the UTL (of the entire move down). Any move above the UTL (of the current consolidation) could be a good entry point for holding it till a target to new highs. This is in continuation of the previous post on MRF, in case that was missed (link attached).
The fib levels would act as support. So...