Cup & Handle formation.
Can see a cup and handle formation in Coal India,
Facing resistance @160-161 level, As per RSI it is presently in overbought condition, if it manages to break past first resistance..exect second resistance at 180 level. Long term target is 190-200.
This is my personal analysis and not a recommendation.
Kindly do your own analysis and then only invest.
Regards.
Facing resistance @160-161 level, As per RSI it is presently in overbought condition, if it manages to break past first resistance..exect second resistance at 180 level. Long term target is 190-200.
This is my personal analysis and not a recommendation.
Kindly do your own analysis and then only invest.
Regards.
Trade closed: target reached
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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.
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.