Time to buy
After breakout looking bullish from current levels and expecting big move from here but wait for minor pull back first.
MGL trade ideas
MGLDISCLAIMER : . I am not a SEBI Registered analyst.
All chart analysis I publish are educational and information purposes only
MGL :- SYMMETRY SETUPMGL held the symmetry setup, if it continue to move upside then given targets seems achievable.
It also shaped up in Beautiful Bullish Consolidation pattern.
Divergence between Price & Volume.
Plan your trade accordingly.
Levels mentioned on chart.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’.
"Trade what you see, Not what You Think"
Happy Trading(:)
#MGL CASH : POSITIONAL CALL - LOOKS GOOD AROUND 405-407#IGL CASH - POSITIONAL CALL
20.08.2020
LOOKS GOOD AROUND 405-407
STOPLOSS 395
TARGET 428/448/500
CMP 410.3
Mahanagar Gas: Fake Breakdown Reversal @ Rs. 978The stock has given a fake breakdown reversal today. One can plan a pullback trade near 980-990 and keep a stop loss of 959.
Buy MGL -Target 1016-1030 Mahanagar Gas Limited MGL
Inverse Head And Shoulder Pattern (This graph shows bullish reversal)
Target - 1016 - 1030+
NO STOPLOSS NEEDED
MGL inverted head and shoulder patternMGL forming inverted head and shoulder pattern if break out can give a upmove
MGL for 3% targetGo long above 1002 after 15 mins close for target 1033 and stoploss below trendline at 978
mglstock is trading at the lower end of the band
above 990 can expect the stock to move towards 999/1010/1023
as long as 980 is held on downside
Mahanagar Gas Daily Chart Bullish Gartley Buy Range 880-960 Target 1085 ....It may test 880 before going up
view 3 months
[Diary] MGL Trading PlanAs per charts.
MGL just had results in Friday. The profit fell drastically that's why I think it can trigger short actually. Lets see.
MGL LOOKING BULLISH.MGL(MAHANGAR GAS LTD) LOOKING BULLISH TRADING NEAR SUPPORT AREA ACCORDING TO THE ANALYSIS MGL CAN BOUNCE AND CAN GIVE GOOD AMOUNT OF RETURN MAKE YOU TRADE PLAN ACCORDING.
Can the demand zone hold?Stock is trading around demand zone with a few narrow candles. If the level holds it should bounce from here.
