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MGL : Best Bearish setup : Long term Resistance zone
MAHANAGAR GAS LTD.
Short
MGL : Best Bearish setup : Long term Resistance zone
By FiveCircles
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Dec 29, 2023
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Dec 29, 2023
Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Broadening Triangle Pattern
📌 Symbol/Asset: MGL
🔍 Description: Stock is around long term resistance zone.
and on a smaller timeframe stock is on the resistance of broadening triangle pattern.
One can take short position from here.
This is the best short trade setup for now !!
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Broadening Wedge
Chart Patterns
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MGL
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patterntrading
resistances
shortsetup
supportandresistancezones
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