Mfsl 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 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...
The 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 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
After 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...
All 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.
Stock Analysis: MFSL has broken the triangle pattern and retest has been done as long as not closing below the marked demand zone, expected target marked on the chart. let's see..
MFSL looking strong and ready to break out. A close above trendline around 1040 with volumes and strength, you can long for a target of 1060 / 1100 with SL of around 1000. Consider for short term.
Dear trader,
If u look at the chart of MFSL (analysis based intraday only) the MFSL Buy at 863 and Target at 875.
Best Buy at 850.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also...
