MGL SHORT ViewMGL 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.
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MGL trade ideas
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Mahanagar Gas Ltd - 08.03.2022Mahanagar 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