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MGL chart structure

NSE:MGL   MAHANAGAR GAS LTD
MGL chart indicates the important trend-line.

There were two ocassions when the trendline was crossed over, once on the upside and once on the down side. On both occasions the moves were pretty decisive.

Now, MGL is back at that trend-line and this time from the down side which means it's a possible resistance.

Keep this on radar and trade the direction.

Please like and follow.
MGL
Penafian

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