Long trade in MASFIN MASFIN has created good weekly candle on support zone. Stock PE @20 and OPM of 26% Also FII increased stake from 1.79% to 3.58% and DII increased stake from 14.42% to 20.41% It could be ready for next big run
Masfinancial
Bullish View on MAS FinancialMAS Financial
CMP 821
Bullish view
SL below 860
Fundamentally good stock
MASFIN - Bullish Swing ReversalNSE: MASFIN is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the trendline support for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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Disclaimer:
This is for educational purposes only.
MASFIN - Ascending Channel - Swing TradeThis analysis is purely based on price action and chart pattern.
Analysis is done on daily TF hence it may take several days to couple of weeks to reach its target. Traders can also take advantage of this analysis in intraday trades.
Analysis & Trade Strategy (Entry range, Target & SL) along with logic is explained in image itself.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
This analysis is purely for education purpose. Kindly do your own study before entering into any trade .
Feel Free to comment for any suggestion or query regarding price action analysis.
Checkout my other ideas/charts to understand how chart pattern & price action works.
