Price has just reacted to Monthly Supply n there is a Fresh Quarterly Demand till which Price should retrace. Following is the Curve Analysis Price after reacting to the Monthly Supply has formed a Fresh Weekly Supply and has violated a Weekly Demand hence this Fresh Weekly Supply is a Trade Supply. Following is the Positional Swing Short Trade.
MRF Complete the downside cycle Now will start Upside target 1,40,000-1,43,500,1,47,500+++ cmp.1,37,092 Stoploss 1,32,500
MRF As of Now Corrective wave will Start possible You can create position sustain below 1,47,850 Stoploss 1,51,500 possible target upcoming days 1,43,000-1,40,100-1,36,500-1,33,733
Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
Hey Folks..! Hope you all had a great year and i wish you have a wonderful year ahead... I have marked all the profit booking levels for the year, anyone who is holding any positions should be cautions at these levels... In case you have a bullish view that treat these levels as a further breakout levels... This analysis is my personal opinion and do not...
Namaste! MRF is the biggest valued stock (INR) in India. It's price is around half the nominal GDP per capita (2022) of India. It seems overvalued to me. You see, retail individuals cause the volatility (rapidly falling prices). Retail individuals react overwhelmingly and quickly to emotions and they cause the volatility (rapidly falling prices). But due to...
MRF has finished its bull run and now breaking down on the lower side ; expected targets on the down side within 2 months - 2%, 3% , 5% from current levels
MRF Weekly Time frame its reverse from the support can expect up to 81k high for next 2 monts
MRF - Bump - Run pattern occurred. This is bullish to bearish reversal pattern. Immediate target is around 98K. After Run, the fall is impulsive.
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only...
MRF, completed its upside 5 waves, now heading towards A-B-C. Immediate target is around 89500. Expecting to fall in coming 10 to 15 days!
MRF expecting to go down till 89K as it is now downside 5 wave fall.
Sell MRF if recent swing low break (95800) for the target 94700.