MLCF short term analysis 13th May 2024

Previously given targets were 40 and 42. 40 have been achieved and its moving ahead
Buy above 39 with strict stop loss of 37 and profit targets at 42 and 43.
TECH NOTE: MLCF is trying to penetrate above resistant trend line of its ascending wedge on daily chart therefore its expected that a bullish rally would be witnessed in coming days.