Sunandamedi

MGL - COMING IN TO BULLISH ZONE!!

Long
NSE:MGL   MAHANAGAR GAS LTD
MGL AFTER REACHING 1050 (AS GIVEN IN ONE OF MY PREVIOUS POSTS) HAD REACTED TO A LOW OF 754.

IT HAS STARTED MOVING UP AGAIN AND IS COMING OUT INTO THE BULLISH AREA.

ONCE IT STARTS TRADING ABOVE 856, THEN THE NEXT TARGET IS 871 & 885.

STOP LOSS CAN BE PLACED AT 816.

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