Coal India Positional Trade Idea
NSE:COALINDIA COAL INDIA LTD
Hello Guys, As we see the Coal India is forming a ascending triangle pattern in the weekly chart and nowadays it is trading near the top resistance if it gives breakout to the 164.20 level and takes support there then a positional trade is seem possible in the stock we can buy near 167 I've marked the targets on the chart with the help of green lines which are clearly visible. Place your Stop Loss according to your Risk Reward Ratio.
First Target Reached waiting for the next one