The chart for $MFSL shows the stock trading in a well-defined horizontal range between resistance at ₹296 and support at ₹247.80, with the current price at ₹281.20 near the middle of this channel; sustained movement above ₹296 would suggest a breakout, while continued range-bound action can be expected unless either the upper or lower boundaries are breached.

#TechnicalViews

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