siddheshjain0
Long

Reverse head and shoulder breakout for Coal INDIA

NSE:COALINDIA   COAL INDIA LTD
go long with a sl of 250 target 280/300
first target achieved :-)
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Nice observation. Thanks. But it has been in a downtrend since March this year. This could be just a retraction. The 200 SMA is near. Better to see if it breaks.
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@Trishit, still 200 SMA comes around 280 ;-)
and it seems it has made bottom
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Trishit siddheshjain0
@siddheshjain0, As I said,your observation is very good and you are most probably right. But I'm usually extra cautious. Haha...
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@Trishit, thank you lets c.. price is king! lol
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