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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
Hello Everyone! 👋
Feel free to ask any questions. I'm here to help!
Details:
Contact : +91 7678446896
Email: skytradingmod@gmail.com
WhatsApp: wa.me/7678446896
Feel free to ask any questions. I'm here to help!
Details:
Contact : +91 7678446896
Email: skytradingmod@gmail.com
WhatsApp: wa.me/7678446896
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Hello Everyone! 👋
Feel free to ask any questions. I'm here to help!
Details:
Contact : +91 7678446896
Email: skytradingmod@gmail.com
WhatsApp: wa.me/7678446896
Feel free to ask any questions. I'm here to help!
Details:
Contact : +91 7678446896
Email: skytradingmod@gmail.com
WhatsApp: wa.me/7678446896
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.