FERMIANISH

MGL is on perfect spot for long side

Long
NSE:MGL   MAHANAGAR GAS LTD
1) Today's Closing is second highest closing ever, volumes are not super duper but highest after 26th of May.
2) RSI is in upside mood.
3) MGL is making rounding bottom(clearly in weekly chart)
4) Market Support

Monday Possibility 1) Rounding bottom breakout
2) Lifetime high breakout can not be neglected
Comment: Hit 1284.40 High
Trade closed: target reached