Price has just reacted to Monthly Supply n there is a Fresh Quarterly Demand till which Price should retrace.
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.
#MRF.. ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
MRF : Last dip till 85100 after this dip 1 Lakh paar hoga ye Share Pehli company India ki jiska share 1 Lakh ka hoga.
Will buy 5-10 lots when the reversal will be seen at 85100-85150.
MRF is ready for the long, its tends to complete neutral triangle and after that it will go for the wave (c) of a Flat. The first target will be 82250. If it goes to higher then it will be at 83750, if it extend the wave (c) then you may see MRF at near 85-86K.
price made good breakout with previous supported candle.
if we break the Green zone and made bounce than you can add the retest of this zone around 60700 rs
The location of trading activity. At the end of the chart, on the Upper right, we can see that the trading activity moves in the lower part of the value area, between the control and the value Low. This is uncharacteristic for an Uptrend. Additionally, the price rotations are becoming narrower, it is starting to rotate between the control and value Low. In an...
