BREAKOUT IN MOIL for NSE:MOIL by NACHATUR

Moil given a breakout from the trend line. It's showing positive divergence with RSI.MOIL offers a risk reward of 1:2.3, Stop at 125, Target 169.
Disclaimer: I'm not a SEBI registered advisor. This is only for educational purpose.

Comment:

MOIL is showing sign of exhausting sell off in the counter. It should be bottoming out.

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