PrashantBhiwaniwala

Mahanagar Gas Ltd - 08.03.2022

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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
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