Coal India forming - Inverse Head and Shoulder ??
Updated
Coal India is in a down trend since long and like most of other public sector stocks is in a deep sleep. But the recent price action suggests it might be moving towards forming an Inverse Head & Shoulder. Things are still far from any kind of confirmation but have to keep an eye in the stock for next few weeks for any breakout.
Trade closed: stop reached
Failed trade with Inverse H&S
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