MRF - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 IntraDay Trade Rating: 4.4

MRF Ltd presents a strong candidate for intraday trading today, backed by bullish momentum, favorable volume dynamics, and technical strength. Here's a comprehensive breakdown

✅ Intraday Trade Viability

Trend Strength: Price is trading above both 50-DMA and 200-DMA, confirming a strong bullish trend.

Momentum Indicators

RSI: Neutral at 57.6 — room for upside without being overbought

MACD: Strongly positive at 2,137 — bullish crossover confirmed

ADX: 34.25 — indicates a strong trend in play

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SuperTrend: Bullish at ₹141,928 — price is well above this level

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Volume: Slightly below average, but consistent with MRF’s low float and high price structure

💰 Optimal Buy Price (Intraday)

Buy Zone: ₹148,300–₹148,600

Trigger: Enter long if price sustains above ₹148,600 with volume confirmation (5-min candle close)

VWAP Reference: ₹148,380 — price above VWAP confirms bullish bias

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🎯 Exit Levels

Type Price Range Strategy

Profit Target 1 ₹149,800–₹150,400 Conservative exit near resistance zone

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Profit Target 2 ₹151,400–₹152,600 Aggressive exit if breakout sustains

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Stop Loss ₹147,600 Below intraday support and SuperTrend level

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📈 If You Already Hold MRF Today

Exit Signal

If price fails to hold above ₹148,300 and volume drops

If MACD flattens or RSI dips below 50

VWAP Breach: Exit if price falls below ₹148,380 with bearish candle confirmation

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Reversal Zone: Watch for weakness near ₹150,400 — this is a key resistance level

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🧠 Final Thoughts

MRF is showing strong technical momentum and is well-positioned for intraday gains if price action confirms. The stock’s high price and low float mean volatility can spike, so tight risk management is essential. Ideal for experienced intraday traders looking for precision entries and exits.

Would you like a trailing stop strategy or a watchlist of other high-momentum large-cap stocks for today?

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intradayscreener.com

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dailybulls.in

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