TradingSutra

MGL: case of ending diagonal

Long
TradingSutra Updated   
NSE:MGL   MAHANAGAR GAS LTD
As per the current structure it seems the prior correction is going to be completed in 1 0r 2 days. There is a formation of ending diagonal. One should buy the stock in the range of 860-65 keeping the stop loss at 845 for the target of 950 & if it hold then 995.
Comment:
expect a downside push
Trade closed manually

Manish Bhardwaj (CMT L-1)
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