c0dchef

COAL INDIA - Bullish Deep Crab & Bat - 4H TF

Long
c0dchef Updated   
NSE:COALINDIA   COAL INDIA LTD
Bullish Deep Crab pattern on 4H Chart of COAL INDIA. BUY 240-241, SL 238.9, Target(s) - 244, 246.
Bullish Bat pattern on 4H Chart of COAL INDIA. BUY 233-234, SL 228.9, Target(s) - 238.5, 242. (To be on the safe side, this may not be an intraday trade. On the other hand, taking this buy call might be safer than the 240 buy since both are not that far away and we don't know what future price movements will be. But ultimately it depends on your risk taking abilities & capabilities.)
Comment:
240 buy was activated in last 5 min on 5th. And today gap down. No trade here.
Comment:
Most likely to get hit by SL in my 234 BUY. This doesn't look like it's gonna reach 238.5.
Trade closed: stop reached
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