COAL INDIA LTDLong
Is BEAR TRAP? Possible Reversal with BreakOUT
All Plotted on Chart.
Analysis Based on FIBONACCI.
Indicators & Oscillators Looks Good.
Tests Double BOTTOM (CanSay Triple also), Support Zone.
Go LONG: @ 250.65 (LTP at 12.00pm)
More Accumulation Zone: @ 245 to @ 247.50
TARGET: @ 252.45, @ 254.20, @ 256.35 + More on Chart
Strong Reversal Zone: @ 246.50 to @ 245.00
SL: BELLOW "Strong Reversal Zone" (BY CLOSING) or TSL(-1% of By Cllosing SL)
Strategy for Trading in DERIVATIVE Segment (FnO): ON QUERY.
If this post enriched your knowledge & helpful for trading,
Please don't forget to Hit / Click Like button.
Your likes are the only motivation to post better ideas in future.
Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
Analysis Based on FIBONACCI.
Indicators & Oscillators Looks Good.
Tests Double BOTTOM (CanSay Triple also), Support Zone.
Go LONG: @ 250.65 (LTP at 12.00pm)
More Accumulation Zone: @ 245 to @ 247.50
TARGET: @ 252.45, @ 254.20, @ 256.35 + More on Chart
Strong Reversal Zone: @ 246.50 to @ 245.00
SL: BELLOW "Strong Reversal Zone" (BY CLOSING) or TSL(-1% of By Cllosing SL)
Strategy for Trading in DERIVATIVE Segment (FnO): ON QUERY.
If this post enriched your knowledge & helpful for trading,
Please don't forget to Hit / Click Like button.
Your likes are the only motivation to post better ideas in future.
Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
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