BULLISH GOLDEN CROSSMRF HAS GIVEN BULLISH GOLDEN CROSS AFTER ONE YEAR OF DEATH CROSS AND TOOOK SUPPORT FROM PREVIOUS MULTI WEEK RESISTANCE ..
IT CAN TAKE OUT NEW HIGHS IN NEXT YEAR
MRF trade ideas
MRF SHORT | STRONG RESISTANCE + RISING WEDGEHEY GUYS, AFTER MY ANALYSIS OVER MRF I OBSERVED THAT THERE IS SOMETHING THAT IS PUSHING THIS STOCK TO DOWNSIDE, AND SO I HAVE DECIDED TO SHORT THIS STOCK.
(Risky) Long trade on MRFMRF seems to have completed its correction and there is an opportunity to go long. The entry, SL and target (can be higher) are shown.
(This is a risky trade as MRF might make a new low before starting the up move. So if the loss is acceptable, then one can try this).
MRF Bear Flag Continuation PatternMRF seems to be correcting and this could be a bear flag continuation of the fall.
R:R is good for short here. but will wait for the breakout of flag.
ascending triangle mrfbuy above upper red line at eod
view is personal call is always positional buy it and tsl it to cost.
MRF range break out ?MRF Tyres seem to have formed a double top. A short below the range, or a long above can be initiated in the following sessions.
Buy MRFThis stock is at a good support level and has given signs of potential trend reversal. A fresh bull run may soon be initiated with targets of 78100 followed by 80100
Reversal - SL 72687 - Target 77k, 81k and finally 86kIf weekly closes above 74k, with strength candle.
Waiting for CCI34 to cross 0
Momentum is still not there,
Its reversal's first signal - For Safe trade, wait til Friday to close weekly in GREEN candle.
MRF - 1 HR - BEARISH GARTLEY / CYPHER & CHANNELMarket Analysis
In MRF we enter the SHORT trade due to the following reasons...
BEARISH GARTLEY
BEARISH CYPHER
CHANNEL RESISTANCE
This is the best time to ENTER SHORT for 0.382(65935) & 0.618 / CHANNEL Bottom (64048) as TARGETS....
MRF - Short term bearish - Tgt 39100In mRF, Bullish Garltey might form by CD leg going down till 39100....only if prices are kept below 41875, cmp 41740. Point D might form at 39100
Bullish on MRF (Long term) - Another opportunity to enterMRF has broken out of a high degree downtrend and is consolidating above the UTL (of the entire move down). Any move above the UTL (of the current consolidation) could be a good entry point for holding it till a target to new highs. This is in continuation of the previous post on MRF, in case that was missed (link attached).
The fib levels would act as support. So the up move could start from one of them or from the long term downward sloping trendlines of the downtrend.
MRF SELL 36150 Stop loss 37450 Tgt 34550 MRF IS CRACKING SLOWLY WHO TRADES INDIAN SCRIPTS SHORT THIS AND ENJOY PROFITS
Long term Bullish on MRFMRF seems to be correcting downwards. It could reverse from any of the Fib levels. A move above the trendline would be confirmation that the uptrend has started.
MRF: Ready to Roll Up?There are early signs of bottoming out. Awaiting confirmation before buying this one.
