Weekly close must be above yellow line for breakout confirmation.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
🔰 SHORT+LONG TERM 🔰
enter @ 135-140 range✨
They are the largest manganese ore producers of the country. ✨
q3 was negative...🥵😊
but I am expecting a good movemnt in the stock in short term.🤼♂️
like - comment - support 🍁
study then invest...🍁
maybe it will test your patience🍁
🔰 "The stock market is a device for...
65 days EMA has been sloping up but in last 3-4 sessions 240 Days EMA has started moving up which is a positive sign. Buying can be done with sl below 128 ( daily closing) for target of 200+
Disc : it's not an investment advice to buy or sell
So basically this is a good setup for short term view investment you can earn 10 to 20% return easily. The buying level is above 145 and the selling level is 155, 163,170,183,200, 213 with a Stop loss of 120.
BUY ABOVE 131 FOR POSITIONAL
TRGT :140 / 145
SL:124 TAKING SUPPORT ON 124 SO YOU CAN PLACE SOME POINTS BELOW IT
CAN FOLLOW FIB LEVELS
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or...
Price near to the trend line support level, one can enter long from this level with small stop loss and look for the target at resistance line at 160 levels. Expecting the price to break from that level and reach a target of 190 - 200 levels.
MOIL is trading in parallel channel. Breakout will be above 160 but we'll wait for daily close above 165 to confirm reversal and formation of higher top. Above 165 target would be 200 with SL below 150 .
RSI and CCI is confirming direction of the trend.
Rounded Bottom Pattern formed in a downtrend.
Waiting for the charts to close above 200.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.