coal ind should bounce

Updated
in weekly, hammer formed at horizontal support.

in daily, regular bullish divergence seen. snapshot

sl - 235, tgt - 280
Trade active
today big green candle formed and closed above upper BB. and BB is expanding, sign of bullishness, snapshot
Trade active
cmp - 255, trend line resistance broken with good volume, snapshot
Trade active
till now 259.80, and price is clinging to upper bb and bb is expanding, sign of bullishness, snapshot
Trade active
going good, till now 270.85, Inv HnS formed and breakout happened with good volume, looks quite bullish now. snapshot
Trade active
till now, 281.35, BB is expanding and candles are riding upper BB, sign of bullishness

snapshot
Trade closed: target reached
all tgts achieved here, cheers
Note
after hitting the inv H&S tgt, price retraced back to the pattern neck line, then regular bullish divergence formed at the support zone, after some consolidation, it is again showing strength,

snapshot
Note
follow up analysis, price bounced sharply, after hitting the support zone,
snapshot
Note
in weekly, price showing strength, next tgt - 330,

snapshot
Bullish DivergenceHammersupportSupport and ResistanceTrend Analysis

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