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jjthomas94

At 0.618 & Weekly 200ema Support

Long
MAHANAGAR GAS LTD (NSE:MGL)  
jjthomas94 Updated   
NSE:MGL   MAHANAGAR GAS LTD
Support and Resistance Candlestick Analysis Moving Averages hammercandle
2
0
supportandresistance candlestick movingaverage hammercandle
  • At 0.618 fib level support

  • 200ema weekly support

  • Previous support was broken

  • now expect an accumulation in this level & then a gradual upmove
Comment:
RSI +ve divergence in 4HR TF
Comment:
Weekly Bullish Hammer candle too formed

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jjthomas94
NEAR LONG SUPPORT ZONE
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