Reverse head and shoulder breakout for Coal INDIA Long

NSE:COALINDIA1W

COAL INDIA LTDNSE

Description

⋅ Sep 28, 2017 6:40 AM

go long with a sl of 250 target 280/300

Trend Analysis Chart Patterns

Comments

siddheshjain0

⋅ Oct 11, 2017 9:08 AM

first target achieved :-)

Trishit

⋅ Sep 28, 2017 12:28 PM

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.

siddheshjain0

⋅ Sep 29, 2017 3:28 AM

@Trishit, still 200 SMA comes around 280 ;-)
and it seems it has made bottom

Trishit

⋅ Sep 30, 2017 12:48 PM

@siddheshjain0, As I said,your observation is very good and you are most probably right. But I'm usually extra cautious. Haha...

siddheshjain0

⋅ Oct 3, 2017 5:41 AM

@Trishit, thank you lets c.. price is king! lol