MOIL trade ideas
MOIL breaks 3 months down trend. Seems to be bullishMoil breaks the three months downtrend and seems to be bullish. It is about to break the first resistance.
Enter the stock at 140.3
Target Price: 160.45
Time: 21 days
MOIL FOR SWING OR POSITIONBUY ABOVE 131 FOR POSITIONAL
CMP: 129
TRGT :140 / 145
SL:124 TAKING SUPPORT ON 124 SO YOU CAN PLACE SOME POINTS BELOW IT
CAN FOLLOW FIB LEVELS
Disclaimer
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Long MOILWeekly chart indicating reverse head and shoulder pattern. Might take support 129, reach till 169 for long term. Stop loss 87
BREAKOUT IN MOILMoil given a breakout from the trend line. It's showing positive divergence with RSI.MOIL offers a risk reward of 1:2.3, Stop at 125, Target 169.
Disclaimer: I'm not a SEBI registered advisor. This is only for educational purpose.
#MOIL WEEKLY CHART VIEW!!#MOIL WEEKLY CHART VIEW!!
MOIL Ltd. has violated the weekly support zone and likely to stay weak until the stock stays below 138-142 zone on closing basis.
Next probable resistance comes at 165-170 zone.
Technical parameters looks neutral as of now.
Probable support comes at 130 and then at 120.
Keep a watch.
At support buy with small stopPrice 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 GAINS MOMENTUMMoil has given a breakout from flag consolidation of 6 weeks. Buy for target 169, stop @148. Long term target is 198.
This is only for educational purpose. Please consult your financial advisor for buy and sell.
MOIL Ltd. - WEEKLY CHART!!MOIL Ltd. bouncing from the convergence of 50 SMA and support zone in the weekly chart and likely to stay positive until it stays above 130-135 zone.
RSI bounced right from 50 levels which suggests underlying strength in the stock.
Probable resistance in the medium term comes at 169 level.
Keep a watch.
MOIL LTD LONGAnother good opportunity on Metal Stocks.
Entry: 151.5
SL: 147.5
T1: 160.5
T2: 164.5
Presenting Risk Reward of 1:3.
Start SIPWait for a retracement and start SIP around 125 levels in this stock..
Making tripple bottom on weekly chart..
Target1 - 165, Target2-195
SL 84 WCB..
