VR_Securities

MGL BULLISH, Kindly do your own research

Long
NSE:MGL   MAHANAGAR GAS LTD
MGL is looking strong for upside.
Monthly- Upper bollinger band challenged and RSI is above 60
Weekly- MACD positive crossover stat and RSI is above 60
Daily- Trendline breakout with upper bollinger band challenged.
MACD PCO just above zero line
RSI is above 60
Volume is good.
ADX is 19
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