Moil - Low Risk Setup
CMP 334.60 on 02.11.24
The price has been corrected by around 40% from the higher levels.
All important levels are marked on the charts. If crosses the area of 340-370 and sustains above, may go into a bullish phase again. targets may be 380/480 and even more.
If sustains below 310 and sustains below, the setup goes weak.
At present point, the risk-reward ratio is quite good.
This is my view only for learning and sharing purposes, not trading advice in any form.
All the best for your trading journeys.