MGL trade ideas

Thefearlessgirl

self explanatory chart. trend line breakout. levels for buy and sell given on the chart. just typing cos otherwise it's not letting me publish. thank you very much.

amitdudi13

Buy MGL for the Target of 966...1032...1108...1200

AdhigamaTrading Updated 

MGL is at a crucial point with multiple signs of movement and we are tracking a little ahead, hence it can go up or down basing on the next candlesticks Reasons/Traits : • 20 EMA crossing 50 EMA from below • Daily trend is at resistance/supply zone • Inverted head and shoulder formation can be seen (Chances of going up) • Descending Broadening Wedge pattern can...

Analytical_Pankaj

Expecting the price to find support around these levels. To be followed by either by Consolidation or Uptrend Swing. Disclaimer: View for Education Purpose only, not for trading suggestion.

SumeshV

MGL makes a Bullish Divergence Two possibilities shown in the chart Reversal can expect immediately

sachinsache80

Bullish Treditional Reversal Divergence.And waiting for positive supertrend.

linesandlevels

NSE:MGL Safe levels To go long on Mahanagar Gas LTD ( MGL ) is still quite far it mas reverse from current levels as well but enter from safe levels is always good. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell....

Grow_upside

Trade based: Overall it was sell trend. during the sell trend. in inside the hr tf. form a bounce back and also it broken. so, its a best time to enter for sell.

roshansai

MGL : Looks Inverted HnS Long only above 949 with SL 942

Bharat_investors

dsssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss

Nimish_Ghagare Updated 

Go Long above 1013.3 for Targets of 1063.1, and 1112.9 with SL 963.5 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci...

Singh_Siddz

In ST stock has given a breakout of a triangle. Staying above 1020 some trending moves may come.

roshansai

MGL : Symmetric triangle in progress Intraday Looks good for breakout Long above 1023 with SL 1017

onlineguru99 Updated 

As per the daily chart the previous gap up zone of 950 to 975 expected to act as support Can go long on all dips till 980 with SL @ 900 Daily closing basis Do your own analysis before investing

arunky

can reach 1040-1085-1120 negation below candle closing below 960 Educational purpose only. This is not a recommendation - I am not SEBI registered - Do not TRADE/INVEST basis what I publish here. Inspired by - Trading Mirror telugu

jjthomas94 Updated 

At 0.618 fib level support 200ema weekly support Previous support was broken now expect an accumulation in this level & then a gradual upmove

Raju_Boggavarapu

MGL has been forming higher highs and has been taking support on the trendline. And now again it is back to its trendline and formed a reversal bar on the weekly timeframe. The target would be 20% from the cmp.

Palkesh_Agrawal Updated 

risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...