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MOIL - Reverse Head & Shoulder Pattern

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MOIL LTD (NSE:MOIL)  
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NSE:MOIL   MOIL LTD
Double Top or Bottom MOIL reverseheadandshoulders
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doubletoporbottom moil reverseheadandshoulders
MOIL has formed Reverse Head & Shoulder Pattern after long down trend. Can be added at current level around 157-158 with target of 170 and set SL at 153. This gives us risk to reward ration of 1:3.

Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Dagangan aktif
Komen:
- 160-162 is acting as resistance level and 155 as support level right now
- If it breaks the resistance then we can expect 168-170 as next target
Dagangan ditutup: hentian tercapai:
Chart is moving sideways and not moved as expected.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.