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
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...
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.
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
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.
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
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 .
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.
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
MOIL Limited is a Miniratna, Schedule 'A' PSU. It operates 11 mines all over India & has ~ 50% share in domestic production of manganese ore.
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Manganese prices rise in China.TECHNICALLY H &Shoulder formation and elliot wave gives us a target of...