MOIL trade ideas
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.
