On 10th Sept 2018, there was a huge Volume of 4930K as well as 637K marked delivery in MFSL. MFSL had come down during last 2 sessions forming LHLL. But, there was Green candle in the last session. There was recovery of 1.63% during the session once the counter had crossed Last Low. The recovery was fast but the volumes were at the lower side compared to its...
MFSL is in range since last many days, tried to give breakout on last day but failed miserably. If we look in RSI as a strength indicator instead of Overbought or Oversold things, it has given clear breakout from previous range. MFSL might face some resistance early in the trade but once above 632, it will immediately reach 660 and 700 levels. It can be considered...
Double Bottom Formation. Entry- 620 Target- 670 CBSL- 590 Risk Reward- 1:2