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Channel pattern breakdown in MGL

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MAHANAGAR GAS LTD (NSE:MGL)  
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NSE:MGL   MAHANAGAR GAS LTD
Trend Analysis Chart Patterns Technical Indicators priceactionanalysis priceactiontrading stocktrading Stocks stocksignals stockmarketanalysis option stockoptionstrading indianstocks
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MGL

Key highlights: 💡⚡

📊On 1h Time Frame Stock Showing Breakdown of channel Pattern .
📊 Strong bearish Candlestick Form on this timeframe.
📊It can give movement up to the Breakdown target of below 805-.
📊Can Go Long in this stock by placing a stop loss above 872+.
📊 breakdown this can give risk:reward upto 1:7+
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