Mahanagar Gas Ltd
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MGL Perfect example of trend bottom level : study case

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Generally, we look for stocks that appear to be at the bottom of a trend indicator, signaling potential upward momentum. MGL is a perfect example for this kind of study.


-> its level at bottom of trend.
-> indicator shows it should be turn trend changing in coming time.
-> momentum can be captured by volume.

this way we identify stock that they can give opportunity in nearest time.
this is not recommendation but just my analysis study for this stock that I found my parameters fits to watchlist.

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