If moil consolidates for next few days, it might be a good bet after upside breakout.. see Chart.. May repeat History...
macd and rsi showing bottoming out and taking support once crosses 175 it will target 220
The stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby & 200 EMA . Risk Reward Ratio - 1:1 SL is placed below multiple major support zones and target is place near swing and channel high. Imp: Earnings will be disclosed during the trade duration. If not good or...
Buy Price @180 Stop loss of 3-4 rupees (176), swing target of 185, 190 soon
ENTRY ABOVE-174 Sl - 170.2 DISCLAIMER:These recommendations and reports are based on the theory of technical analysis and personal observations and are for educational purpose. This does not claim for profit. We are not responsible for any losses made by traders. It is only the outlook of the market with reference to its previous performance. You are advised...
Stock Analysis: Moil has formed reverse head and shoulder pattern once it is good buy around lower demand zone for conservative entry. However for long term its good bet for the target given on the chart. Let's see. Happy Investing!
MOIL Good Share to buy at the current price. Reason: Near to weekly Breakout with reverse head and shoulders pattern. Current Price: 163 BUY: Above 165 or Current price SL: 130 TP: 245 Today date: 6-May-2021 @divinechartist #moil #WeeklyBreakout #TechnicAlanalysis
0019 MOIL | Chart Pattern: Inverse H&S
buy with a stop of 120 weekly chart showing sapport at 123-125 range second wave to get completed here at 61.5% retracement and once crosses 131 will show real power as channel breakout point .