MOIL LTD
Long
Updated

MOIL - Potential for 500 target with Crown pattern in making

694
MOIL has confirmation for Bullish crown formation .

It has closed above 20 & 50 EMA on day time frame.

Moreover MACD is signal line has turned positive.

With all this it has potential for following targets;

360 / 400 / 450 / 500

SL: 315
Trade active
Target1 Achieved: 360
Trade closed: target reached
Target 2 Achieved 400. Now close above 413 should open direction for 450.

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