Date 18.02.2025
MOIL
Timeframe : Weekly Chart
Technical Remarks :
Neckline is make or break @ 61% + long term support/resistance, Below 200 weekly exponential moving average is a spoiler. Neckline or 200 WEMA are tow great stop-loss or on bounce great to have a entry.
SOME KEY LEARNINGS ABOUT COMPANY
MOIL is the largest producer of manganese ore in India, with a market share of 50%.
MOIL Limited (MOIL) exports manganese ore from India to other countries, but not yet to the United States. In 2022, India's manganese ore exports went to Turkey, Poland, South Africa, Denmark, and Vietnam
MOIL is looking to expand its operations overseas to acquire manganese ore mines and other critical minerals.
MOIL is considering joint ventures with states like Gujarat and Madhya Pradesh to mine manganese ore.
MOIL is also looking to expand into regions like Africa (Gabon and South Africa), Australia, and Latin America (Brazil) for manganese mining.
MOIL has completed due diligence on a project in Gabon and is considering signing a memorandum of understanding (MoU) with the Gabonese government.
Regards,
Ankur
MOIL
Timeframe : Weekly Chart
Technical Remarks :
Neckline is make or break @ 61% + long term support/resistance, Below 200 weekly exponential moving average is a spoiler. Neckline or 200 WEMA are tow great stop-loss or on bounce great to have a entry.
SOME KEY LEARNINGS ABOUT COMPANY
MOIL is the largest producer of manganese ore in India, with a market share of 50%.
MOIL Limited (MOIL) exports manganese ore from India to other countries, but not yet to the United States. In 2022, India's manganese ore exports went to Turkey, Poland, South Africa, Denmark, and Vietnam
MOIL is looking to expand its operations overseas to acquire manganese ore mines and other critical minerals.
MOIL is considering joint ventures with states like Gujarat and Madhya Pradesh to mine manganese ore.
MOIL is also looking to expand into regions like Africa (Gabon and South Africa), Australia, and Latin America (Brazil) for manganese mining.
MOIL has completed due diligence on a project in Gabon and is considering signing a memorandum of understanding (MoU) with the Gabonese government.
Regards,
Ankur
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.