MFSL Multi time frame Analysis

٣٠ سبتمبر

Multi-timeframe confluence analysis offers traders a robust edge through straightforward yet highly effective methodology.

Based on that MFSL is a strong Buy on dips stock based on powerful breakout of previous ATH and the current market structure.

Targets are derived from #Pattern #breakout and #Fibonacci levels.

Bullish Pennant in formation.

Disclaimer: Above analysis shared for educational purpose only.

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ملاحظة

Stock moved well within the Triangle pattern and Broke Down. View remain same for Short to Long term Investment.
On a Monthly Chart the Tight stoploss will be 1500 on a weekly candle closing basis.