Ravi_Singh_Chauhan

Mahanagar Gas Ltd - Kick out the bears.

Long
NSE:MGL   MAHANAGAR GAS LTD
MGL is ready to shoot the bulls in the ring.

MGL had been making lower highs and lower lows ( LHLL ) while framing a falling wedge pattern ( T1 & T2 ). Inside the wedge, it has broken a trendline T3 that pushes up the confidence of the bulls to create the long positions.

Like, Follow & Share for new updates.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.