@Maverick_777, But did you witness how it fell from 1236 to 1160...it fell like a comet... Maybe profit booking and the market too fell..
I feel it is safe to buy around 1120.00 leve
Maverick_777
â‹…
@shraghu2010, yeah I published the idea looking at the 1hr closing and volume spike. But still my SL will be 1140 to 1145 (good near support), till then I will have to say its innocent and will be proven guilty only if it surpasses that level on downside.
Maverick_777
â‹…
@shraghu2010, Also, as a matter of fact I have made a horizontal TL at 1236, around today's high. Only after that one should see to buy who hasn't, since that was pre-covid high
shraghu2010
â‹…
@Maverick_777, Thanks for the feedback, in fact I took a long position during closing minutes.... I am expecting MGL to cross 1236.00 if market supports, now it will react to market as the news of GST is old now but when it is implemented we can see a bullish run up to 1400.