will the min expectation be met with power underlying in the sector as whole?
MOIL Ltd - Bearish Bias - Can Short at current levels.
Although a promising long term buy. RSI approaching oversold conditions. Moil currently getting into a stochastic correction.(Look for the local peaks and troughs) the price action would always follow Stoch. Oscillators suggesting strong signs of next motive wave formation. However, the last motive wave pulled back below the last corrective wave, Possible...
Approaching oversold conditions. Wave 3 pulled back beyond motive wave 1 termination. suggesting a truncated wave 5 and a temporary trend reversal. Although this stock is a good long in Stoch correction. look for the local peaks and lows. A possible explanation could be the high div. yield ~5%++ In any case, it is wise to wait till it snaps out of the stock...
Is in bullish uptrend move. First gave proper Cup n Handle Breakout, and then retracement started around 270 levels. During retracement Flag Pole pattern is formed with good volumes and delivery%. Stock if closes above 275. Should go to 300+ levels SL - 265
MOIL: 7 yr rounded bottom: This stocks will go places...
5 waves down followed by 1 or A wave ... look for its correction to ride 2 or B up again