PrashantBhiwaniwala

Mahanagar Gas Ltd - 08.03.2022

Long
NSE:MGL   MAHANAGAR GAS LTD
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
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.