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sanketbele

MGL for a swing - Mean revision at 200EMA - Trading in channel

Long
MAHANAGAR GAS LTD (NSE:MGL)  
sanketbele  
NSE:MGL   MAHANAGAR GAS LTD
Trend Analysis Chart Patterns Technical Indicators
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The stock is trading in a channel and currently is at the lower end of the channel .

This stock is also in a mean revision area & has bounced off its 200 EMA.

I am expecting a 11-12% move in this ticker.
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