MFSL Multi time frame Analysis

1 132
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.
Note
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.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.