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MGL short

Short
MAHANAGAR GAS LTD (NSE:MGL)  
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NSE:MGL   MAHANAGAR GAS LTD
Trend Analysis Chart Patterns MGL shorts trend trade downtrend daytrading Support and Resistance
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trendanalysis chartpattern mgl shorts trend trade downtrend daytrading supportandresistance
Trade stratergy

* Overall market was trading near the monthly support zone. and also market broken the demand zone in weekly time frame.

* In day tf, market reach all fib extension levels, possible to retracement happen or continue the trend. but, market start the retracement and also continue the down trend.

* How i identify the retracement completed?
In Hr tf, market turns the trend to down trend.
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