MFL
Meghmani Finechem Ltd - 13.04.2023Meghmani Finechem Ltd - 13.04.2023
The Price is above EMA
The Stock can be considered for the long upside movement with support @ 951/-
Watch out for the price action
DISCLAIMER: This is not a stock recommendation. The post is only for learning purposes, understanding candlestick patterns.
Meghmani Finechem LtdEducational purpose only
Meghmani Finechem Ltd
mfl #MFL
ROCE-29.0 %
ROE-31.2 %
Stock P/E-19.2
Sales growth 3Years-29.7 %
BTCUSD 4H Bullish divergenceA bullish divergence on BTCUSD 4H is visible on RSI and MFL indicators. This is not enough to take a long position by itself but increases the chance of a rally and should discourage you from taking a short position.
