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TradingSutra
Sep 10, 2020 9:59 PM

MGL: case of ending diagonal Long

MAHANAGAR GAS LTDNSE

Description

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

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