๐ Script: MFL (MEGHMANI FINECHEM LIMITED)
๐ Nifty50 Stock: NO
๐ Sectoral Index: N/A
๐ Sector: Chemicals
๐ Industry: Specialty Chemicals
Key highlights: ๐กโก
This stock pick is according to my study. I have use few indicator that is
BOLLINGER BAND
MACD
RSI
DOUBLE MOVING AVERAGE
VOLUME
๐ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
๐ Crossover in MACD .
๐ Already Crossover in Double Moving Averages.
๐ Volume is increasing along with price which is volume breakout.
๐ Current RSI is around 76.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 1701
๐ข Target ๐ฏ๐ - 1829
โ ๏ธ Stoploss โ ๏ธ๐ซ - 1638
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat๐ Sleep๐ด TradingView๐ Repeat ๐
Happy learning with trading. Cheers!๐ฅ