indiamarketoutlook

MGL: Consider Buying On dips or on weekly close above 1260

NSE:MGL   MAHANAGAR GAS LTD
MGL

- The stock has short term support at 1180 / 1120 levels
- 1260 is a major hurdle

if MGL manages to close above 1260 on a weekly closing basis, it might signal a breakout and the stock may head towards 1480 / 1720

Pls note, I do have a bias in this stock
(this is my earlier post)


The stock has moved exactly as forecasted in the idea above. Hence you could understand my bias view, so do your own research before taking any decision.

Take care & safe trading...!!!


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