DOUBLE CONFIRMATION OF REVERSALHere i shown confimation of reversal,i mentioned possible resistance level.
Next report date
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EPS estimate
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4,592.00 INR
20.81 B INR
251.61 B INR
2.25 M
About MRF LTD
Sector
Industry
Headquarters
Chennai
Website
Founded
1946
ISIN
INE883A01011
FIGI
BBG000CVV6Y2
MRF Ltd. engages in the manufacture, distribution, and sale of rubber products. The firm's products includes tires, tubes, flaps, tread rubber, and conveyor belt. It also manufactures paint, coats, pretreads, and sports goods. The company was founded by K. M. Mammen Mappillai in 1946 and is headquartered in Chennai, India.
Swing | Descending triangle breakout | BULLhi traders,
There is a swing in daily timeframe.
At the same time frame there is a descending triangle pattern, here this triangle breakout is a trend reversal confirmation.
Overall the trend is BULL in both Weekly and Daily timeframe.
04% - 10% rally towards the target 1 and target 2.
FNO stra
MRF LONGMRF - Set ups
MTF Analysis
MRF Yearly Demand Beakout 98600
MRF 6 Month Demand Breakout 101648
MRF Qtrly Demand 112727
MRF Monthly Demand 130387
MRF Weekly Demand 127100
MRF Daily Demand DMIP FRESH 126154
ENTRY -1 127100
SL 125580
RISK 1520
Taget as per Entry 159420
Points to Gain 16
MRF LONGMRF
MTF Analysis
MRFYearly Demand Breakout 98600
MRF 6 Month Demand Breakout 131000
MRFQtrly Demand Breakout 131000
MRFMonthly Demand DMIP 131000
MRFWeekly Demand 138500
MRFDaily Demand DMIP 139500
ENTRY -1 139500
SL 137697
RISK 1803
Potential Target 155294
First Target Points 149044
MRF - Cup and Handle & Bullish Flag patterns (30% upside)MRF has sustained for almost a year in sideways mode. Given the Patterns of Cup and Handle along with Bullish Flag. Potential Target can be 178k from current level of 141k (30% upside)
MRF Ltd. (NSE: MRF) – Technical Analysis UpdatePattern Formation: MRF Ltd. has been forming a cup-and-handle pattern over the past several months, indicating a bullish continuation. The stock has successfully tested the key Fibonacci retracement levels and is now moving towards potential breakout zones.
Cup-and-Handle Formation:
The ro
MRF LONG 127000 RR 1: 10MRF
Current Price :
MRF Weekly Supply 147000
MRF Monthly Supply 136260
MTF Analysis
MRF YearlyDemand Breakout BUFL 98600
MRF 6 Month Demand BUFL 96000
MRF Qtrly Demand BUFL 11278
MRF Monthly Demand DMIP 130837
MRF Weekly BUFL 127100
ENTRY 129000
SL 124615
Target 173890
Last High 151445
R
MRF LTD S/R Support and Resistance Levels:
Support Levels: These are price points (green line/share) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (re
MRF Breaking out looks good for short to mid termThis share looks ready to go higher. Risk reward sounds decent at this point. Any MRF fans out there?
MRF longMRF looks good to buy from here its my personal view do your own research if you want to trade. this is for education purpose only.
Thank you
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An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of MRF is 124,568.30 INR — it has increased by 0.86% in the past 24 hours. Watch MRF LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange MRF LTD. stocks are traded under the ticker MRF.
MRF stock has risen by 3.81% compared to the previous week, the month change is a −1.92% fall, over the last year MRF LTD. has showed a 11.70% increase.
We've gathered analysts' opinions on MRF LTD. future price: according to them, MRF price has a max estimate of 160,000.00 INR and a min estimate of 92,500.00 INR. Watch MRF chart and read a more detailed MRF LTD. stock forecast: see what analysts think of MRF LTD. and suggest that you do with its stocks.
MRF stock is 1.84% volatile and has beta coefficient of 1.07. Track MRF LTD. stock price on the chart and check out the list of the most volatile stocks — is MRF LTD. there?
Today MRF LTD. has the market capitalization of 528.31 B, it has increased by 2.15% over the last week.
Yes, you can track MRF LTD. financials in yearly and quarterly reports right on TradingView.
MRF LTD. is going to release the next earnings report on Feb 6, 2025. Keep track of upcoming events with our Earnings Calendar.
MRF earnings for the last quarter are 1.07 K INR per share, whereas the estimation was 903.20 INR resulting in a 18.91% surprise. The estimated earnings for the next quarter are 1.04 K INR per share. See more details about MRF LTD. earnings.
MRF LTD. revenue for the last quarter amounts to 67.60 B INR, despite the estimated figure of 67.89 B INR. In the next quarter, revenue is expected to reach 67.48 B INR.
MRF net income for the last quarter is 4.71 B INR, while the quarter before that showed 5.71 B INR of net income which accounts for −17.57% change. Track more MRF LTD. financial stats to get the full picture.
As of Nov 24, 2024, the company has 19.21 K employees. See our rating of the largest employees — is MRF LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MRF LTD. EBITDA is 41.38 B INR, and current EBITDA margin is 17.14%. See more stats in MRF LTD. financial statements.
Like other stocks, MRF shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MRF LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MRF LTD. technincal analysis shows the neutral today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MRF LTD. stock shows the buy signal. See more of MRF LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.