AkshayIyerr

MGL - Uptrend from 995/1000

Short
NSE:MGL   MAHANAGAR GAS LTD
Here, i think that there is a potential upside in MGL (Short position) - 20 Days.

The price currently is Rs .1014 and i expect that by 5th February 2020, the price should touch Rs .1092

The trendline has been strong for MGL .
If you open the daily chart of IGL , you'll notice that there has been a good support to upward movement.


Disclaimer- These are my personal views and not a trading advice. Do your research before trading or investing. I/we are not liable for any loss that may occur. Trading involves high risk and should be done cautiously. (Also, enjoy the process, with every Gain/ (Loss), you get some insights which should be analyzed in detail and taken a note of. Let's grow together as a community and spread knowledge.
Comment: Target achieved in 2 days. Expected was 1092 in 20 days time frame.
Currently at 1148

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