MGL Breakout Candidate

Updated
MGL has recently showed good movement. With budget around the corner and possibility of tax cuts and recent boost to CNG bikes, this scrip looks promising. Keep it in watchlist. Trade if it breaks the upper resistance with first target of 1840-1850. Trail stoploss as per your risk appetite.

This is not a recommendation. This idea is for educational purpose only. Consult your financial advisor before investing.
Note
Breakout and profits running.
Chart PatternsTechnical IndicatorsTrend Analysis

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