MGL // Levels // 4H
Hello Everyone 👋
MGL (Moving Averages) and Support/Resistance (S/R) are two fundamental concepts in technical analysis. Here's a brief overview of each:
Moving Averages (MGL):
A Moving Average (MA) is a trend-following indicator that smooths out price action by calculating the average price over a specified period.
For Mahanagar Gas Ltd (MGL), currently trading around ₹1,842.351, here are the key levels to watch on a 4-hour timeframe:
Support Level: Around ₹1,800
Resistance Level: Around ₹1,900
Hello Every One👋 Feel Free To ask Question😊
Contact No = +91 76784 46896
Mail ID = skytradingmod@gmail.com
My Telegram ID= @skytradingmod
Whatsup code - alvo.chat/4RcF
Contact No = +91 76784 46896
Mail ID = skytradingmod@gmail.com
My Telegram ID= @skytradingmod
Whatsup code - alvo.chat/4RcF
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.