praveen.bhatiya
Long

Action/Reaction Multiple Support/Candlestick Matching Low/RSI

NSE:COALINDIA   COAL INDIA LTD
Currently price is at multiple support. Action/Reaction set is also suggesting a reversal at this level. RSI is coming out of Oversold Zone. It has formed a reversal Matching low candlestick yesterday. All these are suggesting to buy the stock at current level and expect minimum target of 280.

Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Trade active
Comment: Target reached but continuing the trade with trailing SL :)
Trade closed: target reached: Trade did very well closing today with good profit. :)

Comments

Good call sir.
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@MuthiahM, Thanks Sir :)
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