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yashp1

MTNL shows a head and shoulders pattern forming+MACD going lower

Short
MAHANAGAR TELEP NI (NSE:MTNL)  
yashp1  
NSE:MTNL   MAHANAGAR TELEP NI
MTNL nse indianstocks short
2
0
mtnl nse indianstocks short
wait for a break in the neckline first, be wary of a pullback to the neckline before shorting.
stoploss would be 21.5
tp1 = 18
tp2= 17.3
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