๐ MRF Ltd. โ Monthly Chart Analysis ๐
๐ Key Observations:
๐ Current Price: โน107,202.95 ๐
The stock is down almost 67% from all time high
๐ Trade Setup:
๐ฏ Target Price: โน151,110.25 (+60.72%)
โ ๏ธ Stop Loss: โน83,228.20 (-11.46%)
๐ก Risk/Reward Ratio: 5.3 (Highly favorable setup!)
๐ Best Buying Range:
๐ Highlighted Zone: โน91,230 - โน94,060 (Perfect Accumulation Area)
๐ฅ Golden Opportunity for Smart Investors!
๐ Technical Structure:
๐ Uptrend Potential: If the price holds above โน98,100, it could shoot up towards โน151,110! ๐
๐ Strong Support Levels: โน91,230 & โน83,228 (Stop-Loss Zone)
๐ Key Resistance Levels: โน107,200 & โน151,110 (Breakout Zones)
๐ Market Sentiment:
๐ข Stock is trading near a crucial buying zone!
๐ฅ A bullish breakout could lead to new all-time highs! ๐
โ If it falls below โน91,230, expect a bearish reversal.
---
๐ฏ Conclusion & Strategy:
โ For Long-Term Investors:
๐ฐ Buying near the best buying range (~โน91,230 - โน94,060) could be a smart wealth-building strategy!
โ For Swing Traders:
๐ Entry confirmation is needed with strong volume & momentum indicators.
โ For Risk Management:
โ ๏ธ A strict stop-loss of โน83,228 is a must to protect capital!
---
๐จ Disclaimer: I am NOT a SEBI-registered adviser. All levels & price targets are for educational purposes only. ๐ข Stock market investments carry risks! Please do your own research or consult a SEBI-registered financial expert before making any investment decisions. ,๐up if you really like this idea.
๐ Trade Safe & Stay Profitable! ๐นโจ
๐ Key Observations:
๐ Current Price: โน107,202.95 ๐
The stock is down almost 67% from all time high
๐ Trade Setup:
๐ฏ Target Price: โน151,110.25 (+60.72%)
โ ๏ธ Stop Loss: โน83,228.20 (-11.46%)
๐ก Risk/Reward Ratio: 5.3 (Highly favorable setup!)
๐ Best Buying Range:
๐ Highlighted Zone: โน91,230 - โน94,060 (Perfect Accumulation Area)
๐ฅ Golden Opportunity for Smart Investors!
๐ Technical Structure:
๐ Uptrend Potential: If the price holds above โน98,100, it could shoot up towards โน151,110! ๐
๐ Strong Support Levels: โน91,230 & โน83,228 (Stop-Loss Zone)
๐ Key Resistance Levels: โน107,200 & โน151,110 (Breakout Zones)
๐ Market Sentiment:
๐ข Stock is trading near a crucial buying zone!
๐ฅ A bullish breakout could lead to new all-time highs! ๐
โ If it falls below โน91,230, expect a bearish reversal.
---
๐ฏ Conclusion & Strategy:
โ For Long-Term Investors:
๐ฐ Buying near the best buying range (~โน91,230 - โน94,060) could be a smart wealth-building strategy!
โ For Swing Traders:
๐ Entry confirmation is needed with strong volume & momentum indicators.
โ For Risk Management:
โ ๏ธ A strict stop-loss of โน83,228 is a must to protect capital!
---
๐จ Disclaimer: I am NOT a SEBI-registered adviser. All levels & price targets are for educational purposes only. ๐ข Stock market investments carry risks! Please do your own research or consult a SEBI-registered financial expert before making any investment decisions. ,๐up if you really like this idea.
๐ Trade Safe & Stay Profitable! ๐นโจ
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilitร
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.