If the next two days we see a bounce from 1080 then we're probably in a sideways market. If it closes below 1080 and have a follow up downwards from there, it might lead to ~860 - 850
MGL Looks Bearish & Ready to break swing low of 1081 if it breaks 1081 then quickly coming down another 40 pts. Indicators like MACD & RSI also support.
Short Sell MGL Strictly below (SB) 1154 with initial SL 1170 Targets T1: 1124-30.
Options Buyers please buy 1100PE PUT options Strictly when Future price trades below 1124 not now.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your...
