#coalIndia -accumulation ?

Some people like to accumulate this specific stock after every dip, this time they can be rewarded for accumulating and having patience.

Now you call this HNS pattern, rounding bottom or cup and handle pattern, my analysis are never based on perfect textbook patterns.
Looking at the chart, if the scrip holds above 135, there is high probability that it will move towards the neckline and form the reversal pattern. After break of the neckline can push further up towards 180 and 214 levels.

Remember, only sustaining above 135 look for buy.

Also did you see my previous coal India idea? Link below.

Do give a like and comment if you love my ideas and my work........mitronnnn! :)


Excellent Analysis Sir, Are you from Punjab
+3 Reply
@Kirandeepc, Thank you sir, and no, I am not from Punjab
Kirandeepc yogi_sharma_elliottician
@yogi_sharma_elliottician, Thanks Sir for your reply, Sir please post some nse stock analysis
@Kirandeepc, sure, will back in NSE too
Kirandeepc yogi_sharma_elliottician
@yogi_sharma_elliottician, Thanks so much Sir as your analysis is very educational
+1 Reply
He's from Luna
+1 Reply
Kirandeepc KuberPriya
@KuberPriya, Thanks Mam
I see beard :p ...anyway hope it sustains above 135 I'm in loss haha
+2 Reply
@KuberPriya, heavy volume in weekly tf, the move should go in your favor, beard never disappoints!
+1 Reply
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