MFSL trade ideas
short term trade in Max FinancialsThe was a fake breakdown at 732 level on 4th May and now the sellers are trapped so there might be a good momentum .
Our 1st target 800 and Stoploss will be candle close below 832.
MAX Financial BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Max Financial BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
MFSLIt looks like a inverse head and shoulder pattern, and also it crosses the neck line, so do your own analysis and enter the trade
Max Financial System | Breakout and Retest DoneBreakout and Retest Done
RSI taking Support at 60
Good Daily and Weekly Delivery
Increasing Relative Strength
Outperforming Bench mark index
MFSL STOCK IS GIVING BREAKOUT 15% MOVE TO UPSIDE EXPECTEDIMPORTANT !!
MFSL has broken a triangle and retested
1. long trendline
2. high volume
3. retested its levels
NSE:MFSL
Possibility of a breakout in MFSLThere is a possibility of breakout in MFSL both in Daily and Weekly timeframe. Please add this stock to your watchlist.
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
MFSLMFSL is trading in congestion zone dont get trapped in this area. Price got rejected multiple times here.
Wait for 1045 to break & then recommended to buy with stoploss of 1000 & targets of 1090/1120
Buy Max Fin Service above 960HI, speaking of last post it hit the target 1 for Intraday and now today it came to our entry point 184 and we shorted it there and now its CMP is 179, so pretty good gains there.
The next stock pick is MAX FINANCIAL SERVICES, it is something to go long on in the previous weeks it made a DOUBLE TOP and gave a corrective fall from there and now it is in a falling channel which a bullish pattern.
What I see in MFSL:
Near Daily demand zone
Support of Fib 78.6% at 920
Channel can be broken on the upside
BUY ABOVE - 960
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
MFSLPrice has come out of downward channel and formed round bottom pattern.
Uptrend should continue.
MFSL (Long)It took support at 200 EMA. Good volume coming in this stock ... Tgt ... buy ... SL as given on the chart.
Please do analyse yourself also. This is for educational purpose only. Must consult your financial advisor before investing.
MfslMfsl showing reversal from support zone but results 2marrow. I hv taken position with hedge will watch todays closing close above 1005 is good for long sl days low for nxt week.
Buy Max Financial at 1050 or higherBuy Max Financial at 1050 or higher for Targets of 1183 and 1325.
Fundamentals:
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 12.18%
The company has declared Positive results for the last 3 consecutive quarters: PAT(Q) At Rs 62.34 cr has Grown at 272.7 %NET SALES(Q) Highest at Rs 9,759.75 cr
It is ranked 71 across all Large Cap and 419 across the entire market
Market Beating performance in long term as well as near term: Along with generating 103.29% returns in the last 1 year, the stock has outperformed BSE 500 in the last 3 years, 1 year and 3 months
MAX Financial ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near swing high.
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: 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)...
