Double bottom in higher time frame also in smaller time frame, strong support safe trade can buy after breakout risky trader you can buy now
NSE:MGL Stock -> MGL TimeFrame -> Weekly Hello all! MGL has been swinging within the price band of 700-1200 since October 2016. It came back to its support, consolidated there for a while, and then made a strong bounce back. This I believe makes for a good opportunity to go long! The bounceback had heavy volumes as can be seen in the chart. Also, the stock has...
It has given a nice breakout with huge volume. Looks big buying is happening. One can enter with small SL for much higher Risk Reward.
NSE:MGL #NSE:MGL trading @ Resistance and BO, now retracing, Possible movements marked on chart, Retracement might continue and bounce. Potential levels updated. 850 CE given to our friends and bagged very good profits(5X Profits), still have very good potential. (Reason for giving 850CE, TL BO, Cup& Handle BO) Multiple confirmation taken in to...
Stock Name - Mahanagar Gas Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 864 #This is not Buy and Sell recommendation to any one. This is for education...
KEEP EYE ON MGL (CMP 846 looking Good For 4/5 Days Holding :) BIG MOMENT COMES AFTER 856 CROSS 🤞 INVALID BELOW 810 CLOSED
MAnahabagar gas Ltd again resisted on a resistance level of 805 It can soon break that trendline and can go targets of 840 and 900 respectively Company's quarter results and net profits revenue also indicate for a short term but.
MGL trade possibilities for buy. Weekly sideways. Travelling from day support to day resistance.
If Breaks Then The Targets could be Taken at 841 . Time Frame :- 1 Day Patterns Name :- Inverse Head and Shoulders Symbol Name :- Mgl Comment Below If You want to ask me questions on this on any other idea . Based on Your Own Risk this is only to Show you the Current Pattern . We are not responsible for any profit or loss . BTW Like and Follow if you like this...
Long Term View Stock at Multi-Year Support Levels of 770-650. Value Buying can emerge around these Levels.
Stock Name: #Mgl Action: Sell Entry: 801.30 SL: 817.20 Target: 753.60 NSE:MGL
05/04 educational purpose only buy on dips sl below 790.35 targets around 850 / 890
Hello, mgl long-term swing trade buy: 800 targets: 854/963/1,075 stoploss: 837. LOGIC BEHIND TRADE: Stock has formed W pattern on 1D chart & given breakout of dynamic trendline resistance & static resistance breakout buying strategy, (targets identified from harmonic xabcd/abcd pattern level 2.0/1.618/2.272) stoploss is taken previous swing low. Stock looks soild...
Risk reward for shorting is good, the stock was in Bear grip for long time now and given a pullback to crucial resistance of 800, hence can be shorting can be done for targets 780/750 levels
MGL Stock after correction making Falling wedge pattern & now in Darwas box trapped Buy above levels 797/800 DCB With SL of 755 for positional targets of 835/850 levels In short term view ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade
***educational purpose only call on 15 min chart can sell, cmp 754.60 SL above 758.50 target below 725
Trade stratergy * Overall market was trading near the monthly support zone. and also market broken the demand zone in weekly time frame. * In day tf, market reach all fib extension levels, possible to retracement happen or continue the trend. but, market start the retracement and also continue the down trend. * How i identify the retracement completed? ...