MAHANAGAR GAS LTD.
Long
Updated

Long MGL

MGL
After showing continuous 5 black crows
gave a breakout upside
Breaking prev. high of 984.25
during its fall, it took support at exact prev. resistance of 939.50
so I am betting on long with high risk at cmp
and low risk in range of 970-975
with SL of mid of prev. candle i.e 960
Target being 1020
Time 1-2 weeks
Trade active
I bought at 988
current high 999
Book half to be safe
Trade closed: target reached
High 1032.75
target achieved
Note
Just update
High 1064

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