TradingEdge_Academy

MGL - TAKING RESISTANCE FROM THE TRENDLINE!!

NSE:MGL   MAHANAGAR GAS LTD
#MGL

- RESISTANCE IS BROKEN
- CLOSED BELOW THE TRENDLINE

BUY ONCE THE TRENDLINE IS BROKEN
SL 978 TSL 966
TGTS 999/1018/1030

FOR SELLING
LOOK FOR REVERSAL SIGNAL FROM TE REVERSAL CATCHER

KEEP AN EYE!!

NOTE - BREAKOUT HAS TO HAPPEN WITH MORE THAN AVERAGE VOLUME AND THE FOLLOWUP CANDLE MUST SHOW CONVICTION!!
***Always keep buffer with target and SL level
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.

-
Garey
Whatsapp - +91 9999 504 500
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