MRF - CUP AND HANDLE FORMATION-POSSIBLE ?

MRF MAY BE A GOOD BUYING OPPURTUNITY IF CROSS 81K TO TGT OF 91K.

TF 3-6 MONTHS

STUDY PURPOSE ONLY

 

Thanks for sharing. Learned something new today here.

Sent from my Micromax Q385 using DIY Technical Analysis mobile app

 

One prerequisite for technical analysis to work is high volume. This particular share is traded in extremely low volume, for obvious reason. So i will keep my fingers crossed.

 

volumes are must if it is a swing trade

 

Enter at 81K, exit at 91K, what is it but swing trade?

Swing trade or not, technical analysis does not work well at low volume. This is an internationally accepted hypothesis.

 

This is not a recommendation. I uploaded just for information and as per my knowledge. . Thanks for sharing your points. Will not update charts here after.

there is no point of proving Am wrong & debating here . No hard feelings