StockMarketStudent

MOIL LTD (** Positional Idea **)

NSE:MOIL   MOIL LTD
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1
This counter is trading at its support zone (310-320). Add on dips until 305.

If it manages to hold the above mentioned level we can see it heading towards 340 / 375 / 420. Stop loss 295.
Trade active: Keep on accumulating this stock. Good risk-reward.
Trade active: First target of 340 achieved.
Trade active: The stock has come down to 315-320 zone again after briefly testing the 340 mark, recommend to add the stock at these levels.
Trade active: Second target achieved. Long term investors can continue holding for final target and above.
Trade closed: target reached: All targets achieved

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