MGLMGL Fut broke above ascending triangle pattern as well inside bar pattern on an hourly charts with good OI built up.
Risk:Reward = 1:3
Could be bought with mentioned stoploss & target.
MORE DOWN SIDE ON MGL.MGL is as per charts very negative. 5 days future data shows short build up. 1 day future analysis shows 67200 shorts vs 2000 long. still the sector is reinventing gas prices to be higher and here the stock is making low buy the stock for long term however for now its a short.
yogesh aggarwal.
Dark cloud cover as well as bearish divergence Dark cloud cover as well as a bearish divergence .... expected to correct in the near term
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
Track more important stats on the MAHANAGAR GAS FUTURES chart.
The nearest expiration date for MAHANAGAR GAS FUTURES is Jul 31, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell MAHANAGAR GAS FUTURES before Jul 31, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For MAHANAGAR GAS FUTURES this number is 0.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for MAHANAGAR GAS FUTURES shows that traders are closing their positions, which means a weakening trend.