MOIL was Trading in a very eminent pattern called Rounding bottom pattern. Also, in mothly Time Frame it is showing recovery from the previous fall. Volume is also good in last two moths.
Here, Stock path is bullish and it Broke Previous Resistance and Retraced from there so we can expect a big move now within 3 moths. Today, it also broke Triangle Pattern with good volumes in 1 Day Time-Frame.
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