MRF trading near a triangle pattern break out.
The stock has been trading in a triangle pattern and has respected the levels.
If the stock breaks the triangle, a good move is expected in the stock
The stock looks quite bearish as it has been trading below its 20 ema on a daily time frame.
Support :- 64850, 62900
Resistance :- 69900, 72600
Wait for the levels, if the triangle breaks out the stock can give a nice move.
If the stock breaks the triangle, a good move is expected in the stock
The stock looks quite bearish as it has been trading below its 20 ema on a daily time frame.
Support :- 64850, 62900
Resistance :- 69900, 72600
Wait for the levels, if the triangle breaks out the stock can give a nice move.
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