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Channel pattern breakdown in MGL

Short
NSE:MGL   MAHANAGAR GAS LTD
MGL

Key highlights: πŸ’‘βš‘

πŸ“ŠOn 1h Time Frame Stock Showing Breakdown of channel Pattern .
πŸ“Š Strong bearish Candlestick Form on this timeframe.
πŸ“ŠIt can give movement up to the Breakdown target of below 805-.
πŸ“ŠCan Go Long in this stock by placing a stop loss above 872+.
πŸ“Š breakdown this can give risk:reward upto 1:7+

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