MGL trade ideas

nalinakshi Updated 

Morning Star The Morning Star Pattern is viewed as a bullish reversal pattern, usually occuring at the bottom of a downtrend. The pattern consists of three candlesticks: morning star candlestick chart pattern Large Bearish Candle (Day 1) Small Bullish or Bearish Candle (Day 2) Large Bullish Candle (Day 3) The first part of a Morning Star reversal pattern is a...

manavtechresearch Updated 

LOOK IN THE CHART...

MohammedJunaid Updated 

MGL gained 6% on NSE with volumes more than 2.5 times the average and has crossed its weekly support. Buy MGL @ 1012 with Stop Loss of 995 and Target 1 of 1040 and Target 2 of 1059. BUY ONLY IF MGL OPENS FLAT IF IT OPENS BELOW STOP-LOSS, DO NOT BUY.

manavtechresearch Updated 

LOOK IN THE CHART

doleyjmd

May bounce up to 1212. SL 1058(closing basis)

manavtechresearch Updated 

LOOK IN THE CHART

manavtechresearch Updated 

LOOK IN THE CHART

DharmendraGKaallal

MGL-if hold 1060 then expect new high short term 1185-95-1235 sl 1060 and closing short term trader can use 1080 and hold

arvfit

MGL long based on double bottom reversal

caparas

View:- Bullish Target:- 1113.75-1186-1288 Stoploss:- 1050-1070 #SwingTrading @caparas_gangwal

kapil.jadhav91

Strong Personality at 100 EMA Buy at 1120- 1100 CBSL 1043 Target 1281 RR 1:2.5

indiamarketoutlook

Mahanagar Gas Ltd CMP 1094 Last time we covered the stock at 1120 levels for target of 1220 Link to previous post It over exceeded our target and went to 1345 level... However the stock went out of gas there and fell straight from 1345 to 1060 odd levels... which provides good support. Since listing it's also the first time when the stock has corrected...

arvfit Updated 

MGL short based on S&R

indiamarketoutlook Updated 

MGL Cmp 1124 The stock has given a breakout above 1119 The stock can head towards 1180 / 1220 levels in short term Take care & safe trading...!!!

Singh_Siddz Updated 

MGL given a breakout from Ascending patterns. Target 1060/1080 and more In volatile market, lets work with small Sl of close below 996

Trade-Wealth Updated 

Mahanagar Gas Ltd has broken descending triangle pattern, so one can short MGL for target of 930, 920, 900. SL 955.

safri Updated 

Long Entry @ 600 Target @ 622 SL @ 583