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Coal India - Looks good at bottom out
COAL INDIA LTD
Long
Coal India - Looks good at bottom out
By isagar_chauhan_
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Sep 24
2
Sep 24
As per harmonic pattern, it's making a bullish butterfly pattern and good to buy.
CD leg projection is going to 1.618 or 2.618. So we can see these two ratio as our target.
XD ratio is ~0.827, so as per technical analysis, it should go to 1.618 or 2.618.
Company's fundamentals are good, so next 3-4 months will give our target.
Chart Patterns
chartpattren
COALINDIA
Harmonic Patterns
harmonicpattren
priceaction
Trend Analysis
trendling
isagar_chauhan_
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