MOIL - Conditional Long

156 0
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.
Comment: Took support at 303. Which means that there isnt much of an impact of the fundamental news on the stock. The analysis stands.
Trade active: Went long on monday at Average price of 307.5
Trade closed: target reached: First target of 329.4 Reached. Profit booked.
Will go long depending upon movement
Trade active: Bought again at 336.5.
Stop loss - 329.5
Trade closed manually: Closed at 338, Bought at 336 and again closed at 338.
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