In the daily chart, MGL has generated a runaway gap. Short term target will be 1200 and it will go 1500 for sure in 5 to 6 months. Make long position guys, we will definitely achieve our target.
Yes, but on this time it will break that resistance too. 🐂
akshaymeshram4
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@RitstaR, todays candle not looking good. what is your view
RitstaR
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Let the market decide our strategy is right or wrong 😄. We have a stoploss on 1050. But I think today's candle is just an retracement. Let's see.
shraghu2010
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@RitstaR, Maybe, it failed to cross ,t1122.00..took support @1075.00,but failed again to break 1192.00 even when market rallied to 14950....it should break 1122.00 resistance to move up to 1150.00...Tuesday's results may help it or we can see a big fall to 1010.00.
RitstaR
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@shraghu2010, Have you seen. It was just a consolidation.