MGL // Levels // 4H
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MGL (Moving Averages) and Support/Resistance (S/R) are two fundamental concepts in technical analysis. Here's a brief overview of each:
Moving Averages (MGL):
A Moving Average (MA) is a trend-following indicator that smooths out price action by calculating the average price over a specified period.
For Mahanagar Gas Ltd (MGL), currently trading around ₹1,842.351, here are the key levels to watch on a 4-hour timeframe:
Support Level: Around ₹1,800
Resistance Level: Around ₹1,900
Hello Everyone 👋
MGL (Moving Averages) and Support/Resistance (S/R) are two fundamental concepts in technical analysis. Here's a brief overview of each:
Moving Averages (MGL):
A Moving Average (MA) is a trend-following indicator that smooths out price action by calculating the average price over a specified period.
For Mahanagar Gas Ltd (MGL), currently trading around ₹1,842.351, here are the key levels to watch on a 4-hour timeframe:
Support Level: Around ₹1,800
Resistance Level: Around ₹1,900
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Contact No = +91 76784 46896
Mail ID = skytradingmod@gmail.com
My Telegram ID= @skytradingmod
Whatsup code - alvo.chat/4RcF
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