MRF Ltd. – High Potential Trade Setup & Market Analysis

🚀 MRF Ltd. – Monthly Chart Analysis 📊

🔍 Key Observations:

📌 Current Price: ₹107,202.95 📉

The stock is down almost 67% from all time high


📌 Trade Setup:

🎯 Target Price: ₹151,110.25 (+60.72%)

⚠️ Stop Loss: ₹83,228.20 (-11.46%)

💡 Risk/Reward Ratio: 5.3 (Highly favorable setup!)


📌 Best Buying Range:

📍 Highlighted Zone: ₹91,230 - ₹94,060 (Perfect Accumulation Area)

🔥 Golden Opportunity for Smart Investors!


📌 Technical Structure:

📈 Uptrend Potential: If the price holds above ₹98,100, it could shoot up towards ₹151,110! 🚀

🛑 Strong Support Levels: ₹91,230 & ₹83,228 (Stop-Loss Zone)

📊 Key Resistance Levels: ₹107,200 & ₹151,110 (Breakout Zones)


📌 Market Sentiment:

📢 Stock is trading near a crucial buying zone!

🔥 A bullish breakout could lead to new all-time highs! 🚀

❗ If it falls below ₹91,230, expect a bearish reversal.



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🎯 Conclusion & Strategy:

✅ For Long-Term Investors:

💰 Buying near the best buying range (~₹91,230 - ₹94,060) could be a smart wealth-building strategy!


✅ For Swing Traders:

📊 Entry confirmation is needed with strong volume & momentum indicators.


✅ For Risk Management:

⚠️ A strict stop-loss of ₹83,228 is a must to protect capital!



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🚨 Disclaimer: I am NOT a SEBI-registered adviser. All levels & price targets are for educational purposes only. 📢 Stock market investments carry risks! Please do your own research or consult a SEBI-registered financial expert before making any investment decisions. ,👍up if you really like this idea.

📌 Trade Safe & Stay Profitable! 💹✨