Coal India 1D chart, Just broken the resistance

Please take entry once u get a proper reversal or breakout from the levels, kindly support my views


What target can we expect short term...?
midhunthambi293 innocentCake26408
@innocentCake26408, Hi, to be honest its a downtrending stock, cant expect huge returns from downtrending stocks through swing trades or positional trades. here if u see there is some profit booking is pending from those who entered at a level of 110 where a clear double bottom made. we can expect atleast 131 only if it sustains above 121 level. but as i said earlier always better to book profits at the earliest in downtrensing stocks, because we are trading against the trend here. thanks
innocentCake26408 midhunthambi293
@midhunthambi293, Thank you
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