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mmjimm
May 3, 2023 7:06 AM
COALINDIA -- Cup & Handle in Progress ??!!
NSE:COALINDIA
1W
COAL INDIA LTD
NSE
Description
⋅
May 3, 2023 7:06 AM
1. Coal India
looking prudent for long term investment and swing too.
2.
CUP & HANDLE pattern (handle in formation) (below is the
monthly chart view
)
3. Wait for the
voluminous Breakout.
(
Monthly candle closing above 255 can be the confirmation
)
4. Target reaches to near 400 (as per cup depth)
5. Since this been an one sided move,
we can expect one more swing and then BREAKOUT!
!
Will update once it gives Breakout!!!
Let's wait and watch how it moves!!!!
NOTE- Just sharing my view....not a tip nor advice
Trade active
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Oct 25, 2023 6:58 AM
2 targets done!!!!
Trend Analysis
Chart Patterns
probability
cup-handle
COALINDIA
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