tradewidmufeeth

MGL Short Term Trade

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NSE:MGL   MAHANAGAR GAS LTD
The stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby & 200 EMA .
Risk Reward Ratio - 1:1.
SL is placed below major support zone and target is place near swing and channel high.

Note: As the market is under selling pressure, enter only after confirming a reversal.

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