manya5384

MGL- Short term trade - LONG

Long
NSE:MGL   MAHANAGAR GAS LTD
Buy MGL within price range of 1060 to 1080.
1st Target price - 1150
2nd target price -1200
Stoploss - 1000
Timeframe - 2 to 3 months
Natural Gas prices are going to revise soon in OCT. Already roaring sky high. so this trade has good risk reward ratio of around 1:2
Purely technical and trend analysis. Only for educational purpose.
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