Beautiful pattern in Coal India, wonderful 20% Target
Reasons to Enter -
1. Taking Support at the Demand Area trendline
2. Made a beautiful double bottom pattern before upside move
3. Horizontal Demand area
4. Breakout of 200 EMA with good volume
5. Taking retest after breakout (Confirmation)
6. RSI above the MA line
Be ready for the blast
About Entry -> We can enter with half quantity today before market closes and add the remaining quantity tomorrow once the trade gets confirmed.
You can refer to my previous analysis which blasted the next day, check out!
Please hit the like button, this really motivates me to make more such analysis for you. Also hit the Follow button to get automatic updates about my trade ideas.
The Rich Trader
Rohit Sharma
MTech IIT Guwahati
Reasons to Enter -
1. Taking Support at the Demand Area trendline
2. Made a beautiful double bottom pattern before upside move
3. Horizontal Demand area
4. Breakout of 200 EMA with good volume
5. Taking retest after breakout (Confirmation)
6. RSI above the MA line
Be ready for the blast
About Entry -> We can enter with half quantity today before market closes and add the remaining quantity tomorrow once the trade gets confirmed.
You can refer to my previous analysis which blasted the next day, check out!
Please hit the like button, this really motivates me to make more such analysis for you. Also hit the Follow button to get automatic updates about my trade ideas.
The Rich Trader
Rohit Sharma
MTech IIT Guwahati
Trade active
