Mahlog, Targeting 749 and more upside if comfortably crosses 749
Hello Traders,
Mahlog can be traded for some small profits as per below conditions.
If it touches its support around 694 and bounces back above 700 then we can enter the trade for a target of 749.
If it reverses from current level and close above 721 in 75 minutes or hourly chart then also we can enter the trade for a target of 749.
After entering the trade our SL will be 690.
Its earnings have been respected off late in the market and thus have good potential to go up.
PS: I strongly recommend booking losses when SL is hit, trading is harmful for those who do not follow Strict SLs.
Happy Trading!
Mahlog can be traded for some small profits as per below conditions.
If it touches its support around 694 and bounces back above 700 then we can enter the trade for a target of 749.
If it reverses from current level and close above 721 in 75 minutes or hourly chart then also we can enter the trade for a target of 749.
After entering the trade our SL will be 690.
Its earnings have been respected off late in the market and thus have good potential to go up.
PS: I strongly recommend booking losses when SL is hit, trading is harmful for those who do not follow Strict SLs.
Happy Trading!
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