EagleVision8

COALINDIA approaching lifetime lows

Long
NSE:COALINDIA   COAL INDIA LTD
As explained on chart.
Would suggest a staggered investing method for portfolio addition and Swing trades.

Long Entry price 180-185
SL Lifetime Low 177
Target Open! Swing traders can exit at Targets 200-210

I personally feel that the budget on Saturday is going to give a nice boost to energy stocks and such infrastructure/power driven stocks. Starting Addition as soon as bounce from falling support trendline crosses the 1/1 fractal on Fibb Fan.
Trade active: triggerred
Comment: instantly bounced 1% from support
Comment: Be wary as the falling support has broken. Keep at strict SL at lifetime low 177
However i feel Saturday since the market is open we might see a big upmove! :)
Trade closed: stop reached: Budgets are always disappointing lol

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