MRF Short Term Breakout Trade
MRF Has broken out and has retested and can undergo a rally in short term.
It has also reached lower trendline of a channel; It has not been shown in this chart to prevent complicated drawings.
Risk Reward Ratio - 1 : 1
Trade is supported by brokerage calls and Supports Nearby & 200 EMA .
SL is placed below major support zone and target is place near swing and channel high.
It has also reached lower trendline of a channel; It has not been shown in this chart to prevent complicated drawings.
Risk Reward Ratio - 1 : 1
Trade is supported by brokerage calls and Supports Nearby & 200 EMA .
SL is placed below major support zone and target is place near swing and channel high.
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