MFL – BUY SIGNAL (SECOND STRIKE) | 20 JULY 2025MFL – BUY SIGNAL (SECOND STRIKE) | 20 JULY 2025
MFL was previously moving in a downtrend (light pink channel), then gave a strong breakout and reached Rs. 51.70. After pulling back, our first buy call was triggered and all targets were hit as the stock made a higher high at Rs. 61.50. It has since retraced to the lower boundary of a new light blue channel and is now positioned for another bullish leg. This setup qualifies as a Second Strike in the ongoing uptrend.
