MOIL LTDLong
MOIL – Next multi bagger in making
Since Dec’10 (it’’s listing price), it has been 14 years now within the price range of below 280-290 zone.
Revcently it has given breakout, went to 370 and then gave re-test of 280 levels. Now new upmove has begun and it is giving breakout above previous swing high of 370 levels. Looks like this can be the next REC/PFC PSU stock with potential to become 2x to 3x candidates within 6 months to 1 year.
SL: Daily candle close below 370.
Target: Open (trail 20 EMA daily close)
Revcently it has given breakout, went to 370 and then gave re-test of 280 levels. Now new upmove has begun and it is giving breakout above previous swing high of 370 levels. Looks like this can be the next REC/PFC PSU stock with potential to become 2x to 3x candidates within 6 months to 1 year.
SL: Daily candle close below 370.
Target: Open (trail 20 EMA daily close)
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