Cup & Handel Pattern

26 בפבר׳ 2022

MOIL has formed cup and handel pattern in monthaly charts. Can be added at current levels @170 on minor dips with strick stop loss of 155 on daily closing basis with a target of 280 which is its life time high and also target with range calculation in 1 year . This gives us very good risk to rewad ration of 1:7 .