COAL INDIA LTDLong
COAL INDIA chart analysis
Observation -
* The stock now consolidating in a range. Historically when this stock is consolidated the price always move upwards (showed by arrow mark in chart) then breakdown but this time the price consolidate in down wards (showed in arrow mark) .Thats why i think this time price move 25% to 30% upmove .
* Volumes are rising indicating increased participation by the bulls .
* The stock now consolidating in a range. Historically when this stock is consolidated the price always move upwards (showed by arrow mark in chart) then breakdown but this time the price consolidate in down wards (showed in arrow mark) .Thats why i think this time price move 25% to 30% upmove .
* Volumes are rising indicating increased participation by the bulls .
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.