FiveCircles

MGL : Best Bearish setup : Long term Resistance zone

Short
NSE:MGL   MAHANAGAR GAS LTD
Alert! Bearish Pattern Spotted! 🐻

πŸ“Š Pattern: Broadening Triangle Pattern

πŸ“Œ Symbol/Asset: MGL

πŸ” 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 !!

πŸ‘‰ Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.

@RahulSaraoge

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