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MOMENTUM TRADE IN COAL INDIA DEC FUT

Long
COAL INDIA LTD (NSE:COALINDIA)  
manavtechresearch  
NSE:COALINDIA   COAL INDIA LTD
Trend Analysis Technical Indicators Support and Resistance resistanceturnedsupportbreakout openinterestbuiltup futures momentumstrategy COALINDIA
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trendanalysis indicator supportandresistance resistanceturnedsupportbreakout openinterestbuiltup futures momentumstrategy coalindia
MOMENTUM TRADE IN COAL INDIA
YESTERDAY OPEN INTEREST ABOVE 8.5 %
TODAY'S OPEN INTEREST ADDED ANOTHER 5% AND ABOVE
RISING OI+RISE IN PRICE+RISE ABOVE KEY SUPPLY/RESISTANCE LEVEL
SIGNALS BULLISH MOMENTUM
STOCK CONSTATLY REVERSING FROM 246.5 TO 250 LEVELS
FINALLY BREAKS 252
BUY IN FUTURES
DEC FUT
BUY@252.5
STOP@247.5
TARGET@260
LOT:2200
QTY:1
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*option trading (buying)
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*index update and oi analysis
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