Long trade in MASFIN MASFIN has created good weekly candle on support zone. Stock PE @20 and OPM of 26% Also FII increased stake from 1.79% to 3.58% and DII increased stake from 14.42% to 20.41% It could be ready for next big run
MASFIN trade ideas
Mas Financials - Investment ideaStock price did nothing since long however financials have improved a lot. Available at attractive valuations and price is also trading in strong support zone. 305/345 looks achievable in short and medium term, also looks good to invest with 2-3 years time horizon because they are mainly into secured lending for SMEs/MSMEs and expanding business for cross selling.
MASFINStock name = Mas Financial Services Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score = B
While this stock has some positive factors, mediocre earnings and poor price performance make it a stock that still needs to prove itself.
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
MASFIN Long above 1000Ascending Triangle pattern in weekly pattern
Resistance zone tested around 950 for more than thrice
Good to go long above 1000 for good confirmation with TP1 and TP2 as target.
Bullish View on MAS FinancialMAS Financial
CMP 821
Bullish view
SL below 860
Fundamentally good stock
MASFIN - Bullish Swing ReversalNSE: MASFIN is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the trendline support for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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Disclaimer:
This is for educational purposes only.
masfinReported a 13 per cent rise in the net profit at Rs 40.63 crore in the quarter ended December 2021 as against Rs 36 crore during the previous quarter ended December 2020
double bottom stock has seen good support at double bottom , good support zone if hold shock shock should bounce back
A potential candidate for upside swing tradeMAS Financial Services is engaged in the business of providing Micro Enterprise loans ("MEL"), Small and Medium Enterprise loans ("SME"), Two Wheeler loans ("TW"), Commercial Vehicle loans ("CV") and loans to NBFCs - to create the underlying assets of MEL, SME, TW and CV.
If stock sustains above the support line and crosses 200 DEMA, a target of 950-1000 could be achieved.
Potential upside swing trade MAS Financial Services is engaged in the business of providing Micro Enterprise loans ("MEL"), Small and Medium Enterprise loans ("SME"), Two Wheeler loans ("TW"), Commercial Vehicle loans ("CV") and loans to NBFCs - to create the underlying assets of MEL, SME, TW and CV.
A potential upside swing trade possible if stock sustains the support level (Below black horizontal line).
If stock crosses above 200 Dema and sustains it, then can reach 950-1000 level.
MASFIN - Ascending Channel - Swing TradeThis analysis is purely based on price action and chart pattern.
Analysis is done on daily TF hence it may take several days to couple of weeks to reach its target. Traders can also take advantage of this analysis in intraday trades.
Analysis & Trade Strategy (Entry range, Target & SL) along with logic is explained in image itself.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
This analysis is purely for education purpose. Kindly do your own study before entering into any trade .
Feel Free to comment for any suggestion or query regarding price action analysis.
Checkout my other ideas/charts to understand how chart pattern & price action works.
