Friday, December 13, 2024

Rationale report - 13.12.2024


Recommended  stocks on – 12.12.2024

  MAHANAGAR GAS -

Ø Buy price : 1277 & 1260

Ø Strong Support : 1250

Ø Resistance price : 1294 - 1303

Reasons for Buy Recommended –

Mahanagar Gas appears to be bullish in the short term, with strong technical signals and positive fundamentals.

Indicates a mild bullish crossover, signaling potential upward movement.

MGL's strong cash flow and operational efficiency support its bullish outlook.


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