2025-04-11 11:09:50 am | Source: Jainam Share Consultants
Stock of the day : Buy MRF Ltd For Target Rs. 1,24,120 - Jainam Share Consultants
MRF Ltd
Buy MRF Ltd CMP 1,16,175 Range 1,16,175 SL 1,20,200 Target 1,24,120 Holding Period 1 Mon
* The stock price trading at Rs. 1,16,175 on 11 APRIL 2025
* Currently the stock has given bullish chart pattern formation which resemble as Head & Shoulder chart pattern breakout on Daily chart
* At this point, the price is trading above all of its significant moving averages, indicating bullish momentum. Additionally, the Mometum Indicator RSI is in positive zone.
* We expect the stock price to continue its current bullish momentum and head towards 1,12,000 1,12,200 levels considering the current price action
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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