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rommy5

MGL LONG-TERM SWING TRADE

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MAHANAGAR GAS LTD (NSE:MGL)  
rommy5  
NSE:MGL   MAHANAGAR GAS LTD
Trend Analysis Harmonic Patterns Wave Analysis MGL mgllong mglanalysis mglview mglbreakout mglbuy mgltrend swingtrading swingtradesetup
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trendanalysis harmonicpatterns waveanalysis mgl mgllong mglanalysis mglview mglbreakout mglbuy mgltrend swingtrading swingtradesetup
Hello, mgl long-term swing trade buy: 800 targets: 854/963/1,075 stoploss: 837.

LOGIC BEHIND TRADE: Stock has formed W pattern on 1D chart & given breakout of dynamic trendline resistance & static resistance breakout buying strategy, (targets identified from harmonic xabcd/abcd pattern level 2.0/1.618/2.272) stoploss is taken previous swing low. Stock looks soild for long-term swing trading. MGL
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