Stay updated with breaking news from Fmgl. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Magontec Limited (ASX:MGL – Get Free Report) insider Nicholas Andrews sold 582,046 shares of the firm’s stock in a transaction dated Thursday, March 28th. The shares were sold at an average price of A$0.34 ($0.23), for a total transaction of A$197,895.64 ($131,056.72). Nicholas Andrews also recently made the following trade(s): On Thursday, February 29th, Nicholas […] ....
Short-term traders can look to buy the stock on dips for a possible target of Rs 1,500-1,600 levels in the next 3-4 months, suggest experts. MGL rose from Rs 1,018 on October 23, 2023, to Rs 1,345 as of January 24, 2024, an upside of over 32% in the last three months. The stock rose more than 8% in a week and over 14% in a month. It hit a fresh record high of Rs 1,386 on January 25, 2024. ....
Nifty, which had formed a bearish engulfing pattern on the weekly as well as on daily charts, opened Tuesdays trading session on a strong note with the index scaling above the 21,700 level. ....
A look at the derivatives data suggests that for the next weekly series, 21,000 CALL have significant open interest, followed by 21,200 strikes. On the PUT side, 20,900 has significant open interest, followed by a 20,800 strike implying the zone of 20,840-20,810 will act as immediate support for the index while 21,020 will act as immediate resistance for the index. ....
Positive setup was seen in stocks like Tata Power, IEX, Container Corporation, India Cement, MGL, MCX, Zydus Life, LIC Housing Finance, BEL, Voltas, BHEL, etc. ....