MRF 3.17% 6.1¢ mrl corporation ltd

Its never going to be consistently buy low sell high as you are...

  1. 7,689 Posts.
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    Its never going to be consistently buy low sell high as you are competing with computerised systems. The aim is to get close but most importantly consider risk/reward. MRF is currently being heavily manipulated and traded and lines get swiped in an instant. This would require immense DT skills (which i haven't achieved yet as only been DT for a short period as TA knowledge and obs need to be applied super fast). The trick of u sell is to have a strategy if in FA. Dont do the dangerous thing and go on tilt. This is where TA is beneficial as one can trade in and out even if they sell early if it merits. If you follow FA and sell at 7 c and then c MRF go to 12 c and buy then only to c it settle at 6 c u will b ready to jump off a cliff. Before u sell using FA, the question is why did u sell. if u had a target and u achieved it, walk away ST from the stock.
 
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Currently unlisted public company.

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