Alpha_TraderX

Mahanagar Gas; BULLIISH OUTLOOK

Long
NSE:MGL   MAHANAGAR GAS LTD
Analysis:

1) Stock is trending upwards with repeated higher lows along with higher highs.
2) MACD histogram divergence has formed which is considered very bullish.
3) Stock is at very strong support from which it has previously taken support and resistance .


Disclaimer: These analysis are only for educational purposes only. You are responsible for your own actions.
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.