Ravi_Singh_Chauhan

Mahanagar Gas Ltd - Kick out the bears.

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NSE:MGL   MAHANAGAR GAS LTD
MGL is ready to shoot the bulls in the ring.

MGL had been making lower highs and lower lows ( LHLL ) while framing a falling wedge pattern ( T1 & T2 ). Inside the wedge, it has broken a trendline T3 that pushes up the confidence of the bulls to create the long positions.

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