NSE:MGL #MGL has become sideways at previous high level/previous resistance on daily timeframe and it is trading in the same range in which it was stuck before crashing massively, if MGL crosses 1030 level or opens above it, we might see a sudden rise of 5%+ move in a single day , ih it goes below 1000 again, we might see downside move again, watch both levels...
GAIL in the past couple of sessions, made multiple attempts to kick out the resistance zone of 105-110 it failed will it be successful now? and make a move towards 140?
MGL has given a good breakout above 930 two weeks back, however post breakout follow through is missing and price has started showing weakness due to absence of any follow through, and is facing resistance in 50 to 61.8% fibo pullback zone from June 21 high to June 22 low. Chart is also showing a rising wedge formation on weekly timeframe, and current weekly...
entry for either side is after breaking the "yellow" box mentioned above . entry is recomended after breakout and retracement complete . incase of long entry target is small for shortterm . for short entry target is mentioned . both side target is for this next week expiry 6/04/2023 . .stay for next update . time frame 15 min or 1hr fake outs will be there, trade carefully
👉 #MGL : Weekly Chart 📌 Positional call : (3-6 Months) >> Ascending Triangle Breakout with Volumes >> Buy @cmp or near Supply zone if it Retraces >> Good Strength & Volumes in Stock Like , Share & follow for more such Analysis Keep Learning & Keep Growing
MGL a breakout soon stock. good support around 700 level. good above 930
Here comes another Stock for Day Trading for 17 Feb 2023. The Chart is breaking out Ascending Channel @ 920.85. In hourly Time frame, it is already showing price action at this level. Thus, signaling that we may have a new support @ 920.10. Thus, we may see a breakout with new targets as 975 and 1065. Entry Level is 933 not before that , with a small SL of...
MGL:- Rounding bottom pattern is formed, stock is about to give breakout after 1 and half year, if breakout occurs then we can see upside movement, till then keep your eye on stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas...
Hi guys, In this chart i Drew My Best Levels in MGL for Short, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Mgl At Daily Time Frame Stuck on Resistance which is previously acted as Major Support If 15Min Candle can Break This Resistance and Hold To Support Will See The Big Trend In Next Session,
you can enter in this trade or you can wait for retest . target 900 time frame : 30min follow your risk management and RRR
IGL - Since Nov 28, the stock has seen some consolidation at current levels - 21 day EMA and 63 day EMA are at 430 and 415 respectively - Once above the red resistance zone, the stock can potentially move towards 480 / 502 levels Depending on your risk appetite and time horizon, you can use the 21 day EMA or 63 day EMA as SL Take care & safe...
MGL likely to trade in between this wedge pattern before breakout or breakdown. Trend mostly indicate breakout but downward retracement is expected as per RSI
Buy IGL above 422 for trading purpose for target 432-445-460 With sl at 414 For long term by above 422 for target 515-600 Stop loss at 398 NSE:IGL NSE:IGL1!
MGL Day before yesterday when markets looked difficult, charts indicated that MGL is at Support and that odds are in favor of going Long... In 2 days the stock has rocketed and even in an overall down market this stock is holding up firmly... Note this is not any recommendation now. Just to showcase how technical analysis can improve our trading....!!! The...
MGL - The zone of 780-800 acted as resistance in the month of June and July - it broke past its resistance in Aug and made a high of 925 - now it is back to 780-800 zone On charts, Risk::Reward ratio looks favorable to go long With a SL at 755 on closing basis, one may look to go long in the stock Buy zone: 780-800 Time frame: Medium to long term...