MGL presents tactical buy opportunity at ₹930-950 oversold demand zone (multi-month support + 200-SMA ₹1,239 proximity with strong bounce history) despite 12/12 MAs Strong Sell, extreme RSI 30.42/STOCHRSI 0 oversold exhaustion signals capitulation bounce with MACD -11.84 contracting reversal imminent. Williams %R -91 oversold + CCI -112 confirms bottoming amid city gas distribution re-rating ahead monsoon demand. Entry ₹950-970 targeting ₹1,050-1,100 (10-15%) SL ₹920 for 2.5R reward leveraging regulatory tailwinds.Warning-
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