Stock name = Mas Financial Services Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score = B
While this stock has some positive factors, mediocre earnings and poor price performance make it a...
Ascending Triangle pattern in weekly pattern
Resistance zone tested around 950 for more than thrice
Good to go long above 1000 for good confirmation with TP1 and TP2 as target.
NSE: 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...
Reported a 13 per cent rise in the net profit at Rs 40.63 crore in the quarter ended December 2021 as against Rs 36 crore during the previous quarter ended December 2020
MAS Financial Services is engaged in the business of providing Micro Enterprise loans ("MEL"), Small and Medium Enterprise loans ("SME"), Two Wheeler loans ("TW"), Commercial Vehicle loans ("CV") and loans to NBFCs - to create the underlying assets of MEL, SME, TW and CV.
If stock sustains above the support line and crosses 200 DEMA, a target of 950-1000 could be...
MAS Financial Services is engaged in the business of providing Micro Enterprise loans ("MEL"), Small and Medium Enterprise loans ("SME"), Two Wheeler loans ("TW"), Commercial Vehicle loans ("CV") and loans to NBFCs - to create the underlying assets of MEL, SME, TW and CV.
A potential upside swing trade possible if stock sustains the support level (Below black...
This 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 &...
