Question

[Rossi]

Hi Guys, Pretty new to this, any ideas on why MRF is pretty much lingering on the 368 mark.?

[muc]

Be careful, it has had a long hard run and a major correction is expected. Have a look at the Technicals on price chart.

[Russ]

I've been a bit nervous about mrf and sold most of mine at 368 a little earlier.I just can't decide if it's consolidating before another big move up or whether it could take a big drop,so just decided to reduce my exposure.The technicals don't look that good to me.

[muc]

I am going to wait for a correction to 320,310,300. I won't predict days or weeks, but it will happen, then it will be a deal of note to climb up and away.

[prof]

i think its consolidating and once the sellers are out of the way we may see some more upside.

[sk_1]

Here's my prediction, With the ferrochrome price set to spike again Merafe is a buy! Take profit at 480.

[sk_1]

And set stoploss at 330! Never forget the stoploss!!!!!!!!

[Mr_Bean]

When are the MRF management team doing their road show? This should considerably increase their exposure