MGL breaks out from rectangle formation on daily charts; time to buy?
- Posted on February 4, 2025
- By Business News Today
- 3 Views
MGL breaks out from rectangle formation on daily charts; time to buy?
“Mahanagar Gas Ltd (MGL) has successfully broken out of a rectangle consolidation, signaling strong buying interest in the stock. Traders can buy for a target of Rs 1500 in the next 1-2 months,” Aashish Shetty, Research Analyst - Technical, Axis Securities, said.
