MOIL- Inverted Head n ShoulderA beautiful Inverted Head n Shoulder is seen in the downtrend. Sustaining above present levels of 346-347 may confirm the breakout of the pattern.
MOIL trade ideas
MOIL Multiple Harmonics.MOIL: @ 307.25
Multiple HARMONIC Pattern One after One.
Last ONE Bullish BUTTERFLY .
Failed two times to Enter ICHIMOKU Cloud.
Third Attempt on the Way.
Though in between attempts Upper Band of Cloud Dip to Recent High @ 338 compare to Previous TWO @ 376.5, @ 363.9 respectively.
Hence much easy to Cross Above ICHIMOKU Cloud.
Best ENTRY Level @ 301 - @ 296.
TGT: @ 312.8, @ 324.3 , @ 334, @ 343.5 , @ 357, @ 367 -382 .
Weak Below @ 291,(if Closed two Consecutive Day.)
More Accumulation Level @ 282
Again giving views on MOILMOIL Looks good for Investment.
Created a Higher Low.
Buy 70% now, 30% on dips till 290
SL 270
Target 370/430/500
MOIL forming Head and Shoulders Top?Seems like MOIL is forming a H & S pattern on daily charts. I have seen several smart chartists in this forum reporting it as a LONG.
Can someone help me in identifying whether this is a wrong pattern?
Another, Investment Idea for our Investors out there :)Buy this now, add on dips in Support zone
Target1 - 370
Target 2- 400
SL not required as of now, will review it later and provide one if necessary.
TimeFrame- 3-6 Months
MOIL - Conditional LongW 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.
MOIL LTD (** Positional Idea **)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.
MOIL - Moil Can Be Considered For Long: Levels illustrated in Chart
*Note: The Given Trade is Personal Opinion Not Recommendation!
MOIL: Wonderful Rally, What Next?Am wondering what will price do next. I have no clue but have chalked out a few scenario. The key clue would be how price behaves IF it falls to the red lines which mark support.
