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MTNL trying to bounce from a rejection level

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MAHANAGAR TELEP NI (NSE:MTNL)  
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NSE:MTNL   MAHANAGAR TELEP NI
Chart Patterns Trend Analysis Technical Indicators MTNL longsetup mtnlong swing tradereview tradereviews telecom
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MTNL after few weeks of consolidation is again trying to regain prior highs. The stock is bouncing from 0.382% fibo levels and has given a close above prior resistance levels. Looks prime to attain recent highs in coming weeks.

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