MOIL - Conditional Long

Apr 2, 2017

W pattern Forming on daily. May take a hit due to the latest announcements of price drop of manganese Ore. Buy in SIPs at support levels shown below.

Apr 3, 2017

Note

Took support at 303. Which means that there isnt much of an impact of the fundamental news on the stock. The analysis stands.

Apr 5, 2017

Trade active

Went long on monday at Average price of 307.5

Apr 7, 2017

Trade closed: target reached

First target of 329.4 Reached. Profit booked.
Will go long depending upon movement

Apr 12, 2017

Trade active

Bought again at 336.5.
Stop loss - 329.5

Apr 18, 2017

Trade closed manually

Closed at 338, Bought at 336 and again closed at 338.