tanrakesh

tanrakesh

only metal company to raise prices in july 22 . Bottomed out at 140 and made 1st and 2nd wave in day chart once breaks 150 level will target 180-84 level for 3rd wave target (min) and can cross previous high of 2022 (rs 210) in 5th wave

tanrakesh

Can buy with a small stoploss of 120 or on dip to 126-27 area.Presently in high volume profile area of 126-133 and fibo 61.8 area of last rise time zone is also in favour and macd is showing buying interest .Results are expected to be above normal .bonus is also round the corner as share having a high book value of 140 and last bonus was in year 2008. Power...

tanrakesh

it looks that bottom is in place and it can rally upto 420-40 range .Inverse head and shoulder in formation once price rallies above 378. Buy back at 650 rs in progress on completion of buyback expect a decent rally.

tanrakesh

time chart and trend line showing bottoming out near to 260-263 level , likely to make new high in comming days and expected to hit our target of 295-300

tanrakesh

we have a target of 740-50 which might be achived this month .fibo retracement time zone also points to this.Todays stop is 782 on closing basis

tanrakesh

Near to long term support which comes at 250-66 as per fibo retracement .Long term investors can add to their folio when the price reaches 250-67 range.

tanrakesh

We are entering high resistance zone of 159-163. And end of 4th wave one more down wave may take it to 124 to 110 level

tanrakesh

after completing 3rd wave at 230 stock has corrected to 215 and end of 4th down wave . Now buy for a target of 238,40 44. with a stop of 213.80 for 5th wave target.

tanrakesh

presently we re in 4th(c) wave down and downtrend to end soon as can be seen in volume profile 261-65 is a high volume . We have a target of 5th wave is 292-97

tanrakesh

volume profile suggesting we are in major support zone of 131-136. and might see pullback to 145-48 zone buy with a stop of 128

tanrakesh

after completing 5th wave we have completed A wave at 515 and presently we are in B wave maximum trg of 581-82. sell on rise as we have C wave comming which might target 400 odd rupees

tanrakesh

we have 2 targets on downside where it is expected to get decent support 167-68 and 161-63 range .dividend yield of rs 2.7 % is also very attractive seeing bonus is also round the corner and company doing extremly well in all field. 4th down wave is expected to end near this levels

tanrakesh

we are fast rise and have a target of 218-223 previously the same was achieved on 03-12-2012. As RSI and MACD are overbought we might have some cooling from this point and do a minimum 20 percent correction .longs can target above 315 achieved on 03-12-2007( cum bonus) as we are expecting a decent bonus as book value of share is 150.

tanrakesh

monthly chart first and second wave done third wave is showing a target of 855 . buy with a small stop and remain in stock through out the journey once crosses 420 will show real power . above 420 trg of 480,520

tanrakesh

likely target of 5th wave 633, 45.54 and we are near to it. RSI OF 93 in weekly chart shows script to be highly overbought and shareholder number falling drastically due to which liquidity squeeze makes the price of share to rise, value of share is stretched selling is advised on rally tomorrow it might make a a hanging man .

tanrakesh

it is in a strong uptrend and we have a third wave target of 627or 633 or 637 let us see which target is hit tomorrow .sell on rally as RSI in weekly chart is above 80 and stock looks ripe for decent correction after rally ATR 56 means high volitility ultimate oscillator also overbought. Public holding in stock is only 36600 person holding 30 % as of DEC21.

tanrakesh Updated 

3rd wave target of 199-200 and channel resistance is near. Though their is rumor of bonus in market as company is doing superb and bumper profit expected in 4th quater result. Since last bonus was about 14 years ,presently company has a book value of 140 rs which makes it ripe for a bonus

tanrakesh

MOIL Limited is a Miniratna, Schedule 'A' PSU. It operates 11 mines all over India & has ~ 50% share in domestic production of manganese ore. Elon Musk announces Tesla is working on new manganese battery cell - Electrek bit.ly #Tesla #ElonMusk Manganese prices rise in China.TECHNICALLY H &Shoulder formation and elliot wave gives us a target of 3rd wave atRs 280...