MRF LTDShort
MRF Limited
Updated
Stock is trading at a discount of 18% from its life time high as on 7-May-2024. Critical support level of 1,27,500 is broken and the next support is available at 1,21,260 if this level is broken then the next target is 1,15,500
Strongly suggest to enter in the range of 1,15,000 to 1,20,000 level and accumulate for long term returns up to 45%
Strongly suggest to enter in the range of 1,15,000 to 1,20,000 level and accumulate for long term returns up to 45%
Note
Slight recovery from lower levels 1,23,150 to 1,26,000.. looks like a dead cat bounce.. will fall down if there if the broader market corrects
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