Mahanagar Gas did give good rally in last two days. But if we look on the very short-term timeframe, then 1700 is the resistance mark for the stock. 1680 to 1700 is the supply zone. Until that is not taken out, excess supply is not absorbed, stock would face hurdle and hiccups in giving a one-way rally.
India’s macro is robust, but markets lack clear value pockets: S Naren
So, I would say that we have actually a 12-years of a big bull market, means that people want to actually take a lot of
May 17, 2025