Its price has surpassed a multi-month horizontal trendline resistance. The price had been in an uptrend and making higher lows but had been unable to surpass the resistance. The breakout candle is supported by a rise in volume which increases the reliability of the breakout. This breakout opens up further upside till the previous peak.
Expert: Jyoti Budhia It is engaged in the business of city gas distribution, presently supplying natural gas in the city of Mumbai including adjoining areas and the Raigad district in the state of Maharashtra. At present, the company has a dominant position in all its 3 operating geographical areas primarily due to infrastructure exclusivity and/or first-mover advantage. 97999276MGLThe momentum indicator RSI has risen above trendline
6 mins read, Last Updated:
Feb 17, 2023, 09:52 AM IST
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