MOIL Near Key Support with Potential for Rebound
MOIL Ltd is currently trading near a strong support zone around ₹360, with the 200-day moving average providing additional support. The stock has shown a bullish reversal pattern and is poised to move upwards, targeting the resistance zone around ₹560, which could yield a potential upside of 40%. RSI is also bouncing back from the oversold region, indicating renewed buying interest. Watch for a breakout above ₹410 for confirmation of the uptrend.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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