Inverse H&S pattern on MOIL Hourly Chart
- Madan Gopal
- Jan 8, 2018
- 1 min read
An inverse Head and Shoulder pattern appeared on the hourly chart of MOIL.
In today's session it has given a breakout of the neck trend line with high volumes.
A long position can be initiated at current level for the target of 285 with the SL of 235.
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