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MGL : Best Bearish setup : Long term Resistance zone

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MAHANAGAR GAS LTD (NSE:MGL)  
FiveCircles  
NSE:MGL   MAHANAGAR GAS LTD
Chart Patterns MGL shortsetup Broadening Wedge patterntrading pattern editorspick resistances supportandresistancezones
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chartpattern mgl shortsetup broadeningwedge patterntrading pattern editorspick resistances supportandresistancezones
Alert! Bearish Pattern Spotted! 🐻

📊 Pattern: Broadening Triangle Pattern

📌 Symbol/Asset: MGL

🔍 Description: Stock is around long term resistance zone.

and on a smaller timeframe stock is on the resistance of broadening triangle pattern.

One can take short position from here.

This is the best short trade setup for now !!

👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
@RahulSaraoge

Connect us at t.me/Fivecirclesofficial
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