MGL : Best Bearish setup : Long term Resistance zone

٢٩ ديسمبر ٢٠٢٣

Alert! Bearish Pattern Spotted! 🐻

📊 Pattern: Broadening Triangle Pattern

📌 Symbol/Asset: MGL

🔍 Description: Stock is around long term resistance zone.

and on a smaller timeframe stock is on the resistance of broadening triangle pattern.

One can take short position from here.

This is the best short trade setup for now !!

👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.