As per previous chart history and technical analysis done by me, it is observed an opportunity to buy this stock above 320 for short term and sell above 340
Do your own research before buying this stock as I am not SEBI registered person
Thanks for your support as always
MOIL formed a falling wedge on daily chart. With multiple support and resistance tested. It had a strong breakout today with good volume. Also notice the volume when the price falls, it appears as if sellers are dried out. Moreover could notice spikes of volume and runups. Gives good indication that bulls are out there. Given the larger move today, stop loss can...
Larger the consolidations strong the move . After strong consolidations of 13 years finally price out from consolidations range. so high probability price continue its upmove .
Swing Trade setup
Buy above - 250 : SL - 244
Take 10% and exit. ( setup tgt is 13 % )
I am not a SEBI registered, please consider an advisory from your preferred financial advisor.
MOIL consolidation on in 3rd wave company has been continuously giving higher output and making higher lows in weekly chart since 2017. company gives dividend twice a year of rs 3 and 3/4 , announces buy back now and then enhancing shareholder value. book value 110 ,ROCE 15 % ,ROE 11.3% . debt free company. manganese ore producer having market share of 45% of...
moil is giving today monthly breakout buy for a target of 240 ,280-300 .Company sales have been rising and more then 40% in month of july next quarterly results are going to be fantastic. buy with a small stoploss
