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MRF trading near a triangle pattern break out.

MRF LTD (NSE:MRF)  
Mambotrade  
NSE:MRF   MRF LTD
Moving Averages Candlestick Analysis Chart Patterns MRF NIFTY BANKNIFTY mrfview mrftyre mrftrade niftyanalysis niftytrend niftyindia
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movingaverage candlestick chartpattern mrf nifty banknifty mrfview mrftyre mrftrade niftyanalysis niftytrend niftyindia
The stock has been trading in a triangle pattern and has respected the levels.

If the stock breaks the triangle, a good move is expected in the stock

The stock looks quite bearish as it has been trading below its 20 ema on a daily time frame.

Support :- 64850, 62900
Resistance :- 69900, 72600

Wait for the levels, if the triangle breaks out the stock can give a nice move.

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