Mahanagar Gas, can be value buy
Resistance level 1200
Support level 800
It's supporting the current short term uptrend, but it will test it's resistance at 1200, possibility of breakout this time
Because at fundamental level, it's undervalued at its peers, it's showing good eps growth quarterly, which can be seen in black line.
If it doesn't break at 1200, then it may again test 800 levels
Support level 800
It's supporting the current short term uptrend, but it will test it's resistance at 1200, possibility of breakout this time
Because at fundamental level, it's undervalued at its peers, it's showing good eps growth quarterly, which can be seen in black line.
If it doesn't break at 1200, then it may again test 800 levels
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