MGL trade ideas

realmovz

MGL @ 829 is trading near its support of 810/820. Gas section is already booming and its supported by the open interest buildups in the stock.

PrasannaSrinivasan

for educational purposes only - based on RSI methodfor educational purposes only - based on RSI method

kandasamy2018 Updated 

Buy with a target of 850 / 860 /875 sl 795 long term accumulation is broken .

vanathi Mod Updated 

Buy above 931 with the stop loss of 925. Targets are 937, 943 and 949. Sell below 922 with the stop loss of 928. Targets are 916, 910 and 904.

PATILzzz

Trail your Stop loss. Levels mentioned on chart. 🔰 ➼I do only Swing trade ➼I Trade only when RR is in my favor ➼Please correct if I am wrong ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls. <<<<<>>>>>

rommy5

Hello, mgl long-term swing trade buy: 800 targets: 854/963/1,075 stoploss: 837. LOGIC BEHIND TRADE: Stock has formed W pattern on 1D chart & given breakout of dynamic trendline resistance & static resistance breakout buying strategy, (targets identified from harmonic xabcd/abcd pattern level 2.0/1.618/2.272) stoploss is taken previous swing low. Stock looks soild...

realmovz

Risk reward for shorting is good, the stock was in Bear grip for long time now and given a pullback to crucial resistance of 800, hence can be shorting can be done for targets 780/750 levels

jaideeparashar

Mgl. On support right time to buy Buy above 810 Target 1100 /1300/1500

Jordan_n-

MGL Stock after correction making Falling wedge pattern & now in Darwas box trapped Buy above levels 797/800 DCB With SL of 755 for positional targets of 835/850 levels In short term view ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade

tanya151181

MGL had given falling channel breakout and has pulled back and now continuing the upmove. Buy above 797 level (day closing for positional) for 5-7% swing upmove. Learn & Earn, Dr. Tanya Kumar

CREDOINDIA

#MGL (POSITIONAL PICK) CMP 778 TGT 825,915,985,1060,1160 SL 650 Risk Reward (RR) - 1:3.3 Potential Returns :54% Potential Loss: 16% Time Frame: 6 to 12 Months

ganeshkrupa

MGL is under strong recovery. Under bullish mode. Target 850

shantanujain001

MGL, Mahanagar Gas Limited is forming double bottom on daily timeframe, if this stock is able to hold the base of the bottom, then it could move up till 800 in the week. Note: This is only for educational purpose

Grow_upside

Trade stratergy * Overall market was trading near the monthly support zone. and also market broken the demand zone in weekly time frame. * In day tf, market reach all fib extension levels, possible to retracement happen or continue the trend. but, market start the retracement and also continue the down trend. * How i identify the retracement completed? ...

riyasbeenhere

MGL perfectly respecting decending channel pattern and support level. 38 percentage correction already done. Do watch for potential break out.

krishna1297

script is at a major support on monthly timeframe. possible movement on either side.

Anany_shringi Updated 

please refer to the chart. Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for you then would cherish doing that for you. Thank you for your time and support. Stay safe.

RUDRA007

Counter is trading around good support zone,, let see if demand zone is respected or not