Last week, I had posted charts of COALINDIA forming a descending channel and also predicted a breakout in the coming days.
Here it is, this may not be like a 5-10% trade or something. But a 2% is enough for intraday.
The trade involved no risk and very easy to spot as the volume rocket from 100k to 2.9M as the breakout happened.
This was to show the power of PRICE ACTION TRADING.
And people looking for SWING oppurtunity can zoom out the chart and see a trend line @ 141 which can be set as target.
Entry - After a clear trend after retracement
Exit - Trend line @ 141
Stop - 129 (or according to your risk profile)
Thank You
Have a nice day!!
Here it is, this may not be like a 5-10% trade or something. But a 2% is enough for intraday.
The trade involved no risk and very easy to spot as the volume rocket from 100k to 2.9M as the breakout happened.
This was to show the power of PRICE ACTION TRADING.
And people looking for SWING oppurtunity can zoom out the chart and see a trend line @ 141 which can be set as target.
Entry - After a clear trend after retracement
Exit - Trend line @ 141
Stop - 129 (or according to your risk profile)
Thank You
Have a nice day!!
Trade active:
Still running. Waiting to reach my target @ 138
