MRF
![Image](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhnsQVj79lZ-a9zlgwNvLQSQCCEKeC0m61eglIA4yXvdrRFYgo3sLjGfVMpXhznaieGMWWpdDuDJIFZZTv1cN2FbT1WqPYJ00sFCBde1ZkORWATN0RDkmdlxGmRVxHFXqFV2Tni/s200/mrf.jpg)
MRF (31811) - Last Macro Uptrend started from 1470 on March 2009, from their, in this move, it made high 46399 in Aug. 2015. (that means it moved up by 31 X in 6 years) ** This month already it gave signal for the macro down trend. any way now Hope and Support 31400- 30000 But stays below that downtrend get more strength that take it down to 24400-24000 In case if NOT hold this level and stays below that then the ULTIMATE DOWN SIDE TARGET 16400-16000