mfsl is bearishmfsl is forming head and shoulder pattern on daily time frame,it given the breakout retesting also done,so it would be best for shorting at 995 level towards t1 &t2 level
MFSL trade ideas
MFSL: Looks good for 1190After a period of correction, MFSL has started moving up again. A retest of the trendline resistance and bounce has indicated that the trendline might be now acting as support level. Also, there is a bounce from 50 EMA which has acted as support and price has closed above this level for the last 4 sessions. 50 EMA has also turned up. MACD has turned bullish, as also other swing indicators.
I would go long, with a stop-loss when the price closes below 50 EMA, and a target of 1190 (+ 9.8%) around which I expect the next level of resistance.
MFSL - In a sweet rangeAll important levels as indicated in charts.
CMP and SL range having perfect risk reward ratio.
Buy in range of 1016 to 1033 for indicated targets.
Be strict to stop loss.
Take trades based on your study and responsibility.
Don't invest and trade blindly.
My view on MFSLMFSL above 1112 should give symmetrical triangle & Trendline breakout.May hit 1142-1150-1160++ very short term.
short term top line was 1.target (1150)price
2. target (1230) ...
buy above (1103)price...
stop loss (1000)...
Mfsl at breakoutMFSL is making the triangle pattern and is at the breakout.
Buy above 1105
Target 1150/1200
Stoploss 1048
Broken Triangle and retest doneStock Analysis: MFSL has broken the triangle pattern and retest has been done as long as not closing below the marked demand zone, expected target marked on the chart. let's see..
Long MFSL for a target of 1060 / 1100MFSL looking strong and ready to break out. A close above trendline around 1040 with volumes and strength, you can long for a target of 1060 / 1100 with SL of around 1000. Consider for short term.
MFSL LONG INTRADAY 23 APR, 2021Dear trader,
If u look at the chart of MFSL (analysis based intraday only) the MFSL Buy at 863 and Target at 875.
Best Buy at 850.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
Broken Demand ZoneStock Analysis: MFSL has broken the supply zone as long as the price is not closing above supply zone (marked on red) expect the price to reach the target given on the chart for short term pull back. Let's see
Happy Trading!
MFSLStock has given breakout with good volume
so keep an eye
If you like my idea then please follow me on tradingview
Channel breakout in MFSLChannel breakout in MFSL after longtime, can continue the momentum.
BUY 630-640, SL below 618.
MFSL on the FIB 1.414 ZoneMFSL is on the imp zone. It may still go till 740-750.
IF we find reversal, short is on.
EW Wave count is invalid above 750
