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MGL
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MAHANAGAR GAS LIMITED

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MGL trade ideas

Mahanagar Gas - Buy The stock looks good for long. Buy Buy. Its target I have shown in the picture. Thank You. Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly. This analysis is purely for EDUCATIONAL purpose

Long

by Stockbull_Rahul

Mahanagar Gas Ltd - 08.03.2022 Mahanagar Gas Ltd - 08.03.2022 The stock is trading @ 761 levels The prices are above EMA There is a DOJI followed by BIG WHITE CANDLE in Daily Chart The trend reversal will be confirmed once the prices go above 797 One can initiate a buy position at current levels with Support @ 734 Watch out for the price action

Long

by PrashantBhiwaniwala

MGL Potential swing trade MGL is currently near its weekly support. One can go long if the support is not breached and reversal patterns are seen on lower timeframes.

by sasmitBiceps

Updated

MGL now trade @ very good support and 30% discount price MGL Mahanagar Gas Ltd now trade 30% discount price 820 and very good potential for long i expect 1300

by PriceActionPower

MGL wave analysis MGL is near the completion of 5 year b failure flat correction which started in 2017.last 2 downside pending before the start of big wave 3 rally.

by Elliot1999

MGL HEADED FOR 780 MGL is looking weak on daily and weekly basis which is supported by arc chart pattern. With this down trending and negativity in the market there is a potential to go down by 8% with a target price of 780

Short

by GLENCOUT

Swing trade on MGL Please Note the swing trade is on weekly time graph. Buy - CMP SL - 830 or Risk Trades (Last SL - price closing below 780) TGT: 1050-1080 Risk to Reward Ratio: 1:3 Please check with your financial advisor before investing. Or one can use this for study purpose as well.

by tilak_9538

MGL - Bullish EW structure forming 2 sets of 5 up and corrections done. Potentially very bullish EW setup Stock is cheap anyways. Buy and Keep. no SL

Long

by yossarian121

Falling Channel brakout MGL has broken falling channel, expected targets marked on the chart. let's see

Long

by MadhanaGopal_P

Updated

ACCUMULATION OPPURTUNITY in MAHANAGAR GAS- Long Term Investing Mahanagar Gas has reached near strong Demand Zone. one can accumulate the stock partially for long term Investments. Stock is for long term, Hence no Stop Loss.

Long

by gnvbharatkumar

MGL mahanagar gas limites bullish diversions trade is fromed is entry triggered then take target as marked on chart

Long

by RAHULSUTAR

MGL 940 for december series MGL 940 for december series MGL 940 for december series MGL 940 for december series MGL 940 for december series

Long

by EXPOWER

#MGL updated harmonic #MGL updated harmonic PRZ-818-857 SL-761 CMP:917 @ 5 December 2021

Long

by Harmonic_Pattrens

mgl mgl bullish bat pattern in weekly, and strong demand also there

Long

by Rubancarney

#MGL next bullish harmonic #MGL next bullish harmonic PRZ-834 CMP:940 @ 22 November 2021 SL-765

Long

by Harmonic_Pattrens

Buy MGL. Target-1150 Buy MGL for Target of 1150-1200 in next few weeks. SL-935. Seem good Recovery on Gas service sector. Margin & Revenue aslo increasing .

Long

by nandysouren06

MGL Taking support on in the channel with bullish Hammer candle MGL looks bullish, reasons for the trade: 1.Took support at long term trend line 2.Hammer on the trend line 3. Good volumes

Long

by TradePatternsLikePro

MGL at critical trendline level IF support holds and a reversal candle is formed , than long can be initiated... lets c how weekly candle is formed at the end of the week

Long

by UnknownUnicorn3252635

MGL - Swing Long - T@ 1380 NSE:MGL

Long

by jakeboyzone

Updated

BUY ABOVE BREAKOUT stock has double bottom on daily chart risk reward 1:2 can , stock looks good above 1100

Long

by xlntbots

Mahanagar Gas Limited MGL shows reversal from Major support level if its hold then upside accepted.

by akshaygupta1611

MGL Channel #tradethepattern in Daily TF price is near support, after a good green candle can take entry till upper TL Risk takers can wait for BO and ride the breakout too

Long

by Gautam4real

MGL Reversal The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the lower trendline. The target is placed based on fundamentals and near swing high.

Long

by tradewidmufeeth

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