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Mahanagar Gas

20 Jul 2020 ‚óŹ 02:10 PM

Mahanagara gas closed above the green 40 DEMA and the most recent low at 957 could be a pivot for wave 3 up. The immediate resistance would be at the 20 DMA at 1027 above which the upper Bollinger band is that 1102. A parallel channel for wave 3 goes up to 1186, and if 3 = 1 then we get 1226. These are multiple levels once you presumed at 957 is the low from which the next wave is developing.

mgas 200720

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