MACFL was previously in uptrend – afterwards it has been trading in a downward corrective channel from Dec 2023 till April 2025. It has showed strong reversal signs; price trading above EMA-20 and Bullish FVG on 1D TF along with supportive Volume Gradient.
🚨 TECHNICAL BUY CALL – MACFL 🚨
🎯 BUY MACFL: Rs. 16.6-15.7
📈 TP1 : Rs. 18
📈 TP2 : Rs. 20.5
📈 TP3 : Rs. 22.5
🛑 STOP LOSS: BELOW Rs. 14.6 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:3.3
Caution: Please enter/exit in 3 parts in give range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
🚨 TECHNICAL BUY CALL – MACFL 🚨
🎯 BUY MACFL: Rs. 16.6-15.7
📈 TP1 : Rs. 18
📈 TP2 : Rs. 20.5
📈 TP3 : Rs. 22.5
🛑 STOP LOSS: BELOW Rs. 14.6 (Daily Close)
📊 RISK-REWARD: High Conviction | 1:3.3
Caution: Please enter/exit in 3 parts in give range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.