Pair trade idea MGL n IGLIGL n MGL have formed inside bars, Take opposite positions, relative to one another If longed in MGL look for short in IGL, vice versa Inside bar trade Short if PDL is broken with SL at PDH Long if PDH is broken with SL at PDL by syedaleemuddinnoor1
MGL - Inside bar TradeLong on 822.75 break with SL as 808.95 Short on 808.95 break with SL as 822.75by imshrinathshetty4
MGL Bounce TradeMGL is in Downtrend, unless 798.55 level is broken. Short with SL at 798.55. Once Swing low is formed close Short position and go Long. Shortby Ankit_JainUpdated 1
MGL Strangle Idea - Turtle BetSell MGL 800 PE at 2.10 Sell MGL 880 CE at 3.00 Stop Loss at -9K. by Amit_GhoshUpdated 9
Long MGL above 836Enter long in MGL above 836 Target - 840, 845, 851 & 870 Sl- 825Educationby Akashyadav92Updated 0
MGL Compression play + Inside BarMGL is getting compressed, might give huge movement once channel breaks PDH is broken - Buy PDL is Broken - Shortby Ankit_Jain2
MGL Gap and Doji Bet - Bamm WatchlistLong if it breaks the high of the previous day with a stop loss at the previous day's low. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy. Similar to our Hexaware Setup - Longby Amit_GhoshUpdated 11
Buy MGLStock has shown positive signs at support for buys. May give a good move above 853Longby ExoProd1
MGL: Channel trade set up trading ideaMGL CMP 853 We observe a trade pattern here where the stock traded in a channel earlier (highlighted by red colour). And now we see the stock consolidating again in a replica of previous channel. The idea is to look for buying opportunities near channel bottom, thereby reducing our risk and increasing our reward potential. If we look at the chart on a longer time horizon, since inception The stock has seen a correction of 61.8% retracement from the high and is now consolidating near trend line support. Can the stock look to conquer its lost grounds in coming months... Only time will tell but at current levels the risk:reward ratio looks favorable to go long from long term perspective. Plan your trade accordingly...!!! Take care & safe trading Longby indiamarketoutlook1
Short MGL below 843Enter Short in MGL below 843 Target - 836, 831 & 820 Sl - 854Educationby Akashyadav921
MGL Gap FillingWell, We are already long as you can see here - This chart gives another prespective for intraday. Long if it breaks the high of the previous day with a stop loss at the previous day's low.Longby Amit_GhoshUpdated 21