BharatJhunjhunwala

Coal India : Getting ready for a move up?

Long
NSE:COALINDIA   COAL INDIA LTD
COAL INDIA: Coal India registered a Kumo Breakout in today’s session. The KS is pointing up and future cloud is positive. CS is free, these are early indication of trend change. RSI bouncing from the 60 levels further pumps up the analysis. However the entries can be refined at 202 – 203 levels, the next resistance levels are placed around 224. Below 198 the analysis is negated.

Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
www.prorsi.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.