M_MFIN ( DAILY) - Trend Line analysis

M_MFIN ( DAILY) ( STOCH >25 <75 )

Trend line breakout applicable on 3 dates till 8th Oct 2020 , each color coded :

From 16th Sept 2020 ( GREEN)
31st Aug 2020 (PINK)
22nd July 2020 ( WHITE)

Buy above high of 18th Sept high @ 139.5

Targets could be pivots of PINK and WHITE
OR
Target height of trend line for Rs. 28 rupee move
OR
Target 2*ATR for Rs.10 move

9 day EMA just crossed 21 day EMA
9 day EMA = 50 day MA
RSI > 50
Volume > AVG

4H candle ended in red so await next candle for confirmation