RAHULPOKAR

MAHANAGAR GAS LTD DOUBLE BOTTOM BO

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NSE:MGL   MAHANAGAR GAS LTD
MAHANAGAR GAS LTD
Chart Time Frame: WEEKLY

On Weekly Basis Time Frame the Stock has given a Good Breakout of Double Bottom Pattern with decent volumes on the Chart

So as per the Chart Stock looks Good for Long Position for Short to Medium as per the Levels given below:
CMP - 871.35 or BoD 850
Target 1 - 938
Target 2 - 1013
Target 3 - 1088 +
SL - 810

Holding Time Frame - Short to Medium Term

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Before entering into any Trade / Investment Position kindly consult your Financial Advisor
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