MGL- BREAKOUT AND RETEST

Jan 5, 2021

The whole gas distribution companies are starting a bull run. So either MGL or IGL, hope everybody can make a lot of money with them

Note:

• Avoid the stock if a big gap up or gap down is seen
  
• Enter after the breakout happens and not before it
  
• Do not chase the market, i.e., do not get involved in late entries
  
• Only enter with strict stop-loss and target
  
• This is not a recommendation and is for educational purposes only.
  
• always follow risk-reward and quantity management for the 100% of the times
  
• The above mentioned idea may not work, so beware of the risk you are taking
  

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Happy Trading!!

Jan 5, 2021

Note

This particular analysis of a request from one of the viewers of my publishes. So thank you shraghu2010 for interacting with me and the question you asked is answered here