NSE:MGL One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
MGL - Elliott Wave Count this view not a 100% reliable to take trade. its just a tentative view based on the current market movement. if the market breaks the channel and comes back inside then we can take short trade for the target near bottom trendline. SL will the whatever the high made after the Trendline breakout. Please note that this information is for...
#mgl - Approaching BO. Risk reward 1:4 SL is defined. PS : Only for learning purposes. Please consult your financial advisor before investing.
#PETRONET 238 Breakout at ATH and Retested TGT 275 and open for above SL Not Applicable Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong....
Expecting better set of results. PS : Only for learning purpose. Please consult your financial adviser.
#DEEPAKNTR.. ✅▶️ Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
NSE:MGL Stock is consolidating in Descending triangle pattern from past few days. It is taking support on previous Break out level which is 1015-1020. On 22nd June we can see a clear rejection from top. Following to the rejection there is a big red candle which is closed near support levels. Now here comes the interesting part the red candle did not got the...
NSE:MGL One Can Enter Now ! Or Wait for Retest of the Trendline (BO). Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
MGL 👉Strong Breakout Candidate 👉 Massive Volume Buildup 👉Big Range Accumulation 👉Trading 52 Week's High 👉Buy Above 990( Partially) 👉Rest After Testing BO Near 930/940 👉SL -- Below 890 ( DCB) 👉Targets -- 1060/1140/1250+
Mahanagar gas ltd. Good results. May rally soon. Tgts unconfirmed. For study only.
If price pullback 50% of the breakout candle then good opportunity for go long . #MGL Daily chart
After a strong consolidations price out from tight range and high probability price continue the trend
Long Consolidation is getting over for MGL. I see an upswing as the fundamentals are changing for short term!! Lookout the chart for levels with a SL of 868. Cheers!!
MGL Buy for intraday trading if stock break the given resistence level.............
After being in range (700-1200) for 5 Years Plan - Consider to Buy above 925 - and/ or Rejections near 700 PB 2x PE 13x ROCE 23% DivYld 3%
Fundamentally, this scrip is very strong and very good long term investment. Macro scenarios are in favour as energy will be in high demand in future. The October gas price review came as positive for city distribution companies, market was expecting 100% hike in LNG , but got 40%, which is good for IGL , MGL , GUJGAS . Technically, made a doji at downturn of...
MGL after trying to sustain and move above fell down to the market situations. Good to short for some short time. Can easily move to the nest support zone around 680. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is just my...