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tradewidmufeeth
Jul 28, 2021 7:28 PM

MGL Short Term Trade Long

MAHANAGAR GAS LTDNSE

Description

The stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby & 200 EMA .
Risk Reward Ratio - 1:1.
SL is placed below major support zone and target is place near swing and channel high.

Note: As the market is under selling pressure, enter only after confirming a reversal.
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