MUGHAL IRON & STEEL INDUSTRIES LTD
Long
Updated

MUGHAL

206
๐Ÿš€ Stock Alert: MUGHAL

๐Ÿ“ˆ Investment View: Technically Bullish ๐Ÿ“ˆ

๐Ÿ” Quick Info:
๐Ÿ“ˆ Entry Range: 61.50 - 62.50
๐ŸŽฏ First Targets : 65
๐ŸŽฏ Second Targets : 67.50
โš  Stop Loss: 59.50
โณ Nature of Trade: Scalping
๐Ÿ“‰ Risk Level: Medium
โ˜ช Shariah Compliant: YES
๐Ÿ’ฐ Dividend Paying: NO
๐Ÿ“ฐ Technical View: MUGHAL is presently undergoing testing of its 200-day moving average (DMA) and is approaching its channel trendline support level near 62. Vigilance and close monitoring are advised; a failure to sustain this level may precipitate further downside movement. Conversely, in the event of a pullback, initial and secondary resistance are situated around 65 and 67.50, respectively.
Trade active
Note
MUGHAL was recommended on 1st April, both the target of 65 and 67.50 are achieved ๐Ÿš€๐Ÿš€
Trade closed: target reached

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