There is good opportunity to gain from short term fluctuation and last day's candle was bullish. Target = 1249 Stop Loss = 1038
In the daily chart, we can clearly see that MGL has formed a cup and handle pattern and ready to break that pattern. My target will be 1150. Take long positions guys, we will definitely achieve our target.
MGL has been taking support between the prices 743 and 766. The price range between 743 and 766 has been acting a major support for MGL , The price is again at its support level. So will be looking at going long on MGL. Entry : 778 Target : 957/1094/1200 Stop loss : 665
MGL also looking good for targets 1074, sl DCB 780.. Holding period max 3 months..
Trendline and the specially designed volume action analysis suggest a BULLISH run on the MGL. The background with light green color are indication for bulls taking the position and the Light red background suggest Bears are dominating in the region. This is my NEXT week analysis on MGL support line are there with good volume supporting the bullish view. will...
MGL BUY ABOVE 845 TARGETS: 854, 863, 870, 875, 879, 884 Posting for Educational purpose only Closing Basis means stock need to trade above 845 between 3:20 ~ 3.30 PM If my analysis appears OK then please LIKE, FOLLOW and SHARE to get more future ideas
891/- is overpriced for today's trading session
ALL THE LEVELS ARE MARKED ON CHART; FALLING WEDGE PATTERN IN HIGHER TIMEFRAME. SELL NEAR THE RED ZONE IF REVERSAL CANDLES ARE FORMED ON THE ZONE/ NEARBY THE ZONE MIGHT GET SOME SUPPORT FROM 50 DAILY EMA OR THE GREEN ZONE(1275-1285) AND COME BACK INTO THE CHANNEL. The indicator used: 1) Daily Lines plots Daily 20 & 50 EMA on lower time frame charts 2) TE REKAB...
A breakout has happened. Now wait till it retest the breakout level and move higher........... Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for...
ALL THE LEVELS ARE MARKED ON CHART; PRICE IS STRUGGLING TO BREAK DAILY 20 EMA, PRICE HAS INCREASED ON ACCOUNT OF HIGH VOLUME, AND ITS SUSTAINING/CONSOLIDATING ON ACCOUNT LOW VOLUME. The indicator used: 1) Daily Lines plots Daily 20 EMA on lower time frame charts 2) TE REKAB shows reversals in the market PB stands for - PULL BACK. If you like the analysis, do...
IF MGL Breaks 810 than it may give you targets of 790
Continously trading in a small range is an indication of a breakout. A BIG BREAKOUT........... Buy above 850.55 Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a...