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STtraderr
Dec 4, 2019 3:44 AM

MGL trapped in support & resistance 

MAHANAGAR GAS LTDNSE

Description

MGL is in clear uptrend
but facing support at 1000
and resistance at 1070
so I will wait for stock to come near these levels
Keep tight SL of 15-20 points, which if broken then
will lead to breakdown or breakup

Trade closed: target reached

bought near channel line at 1020
booked today at 1075
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