Coal INDIA | Round Bottom | Parallel Channel | Wedge pattern 🎯
⭕positional Trading opportunity ! Daily Chart Alert !!!⭕
--Buy above =139 or CMP
--Target = 183.10
--Stop-loss =126.60
--Lot Size = 6100
--R:R = 3.52
--Expected Profit = 11,16,000 ₹ per lot (31.63 % )
--Expected Holding = 3-6 months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) 200ema breakout & retracement .
2) rounded bottom pattern at all time low .
3) parallel channel breakout
4) wedge pattern as well .
5) Fundamental looks good & technical indications are in buy mode.
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
--Buy above =139 or CMP
--Target = 183.10
--Stop-loss =126.60
--Lot Size = 6100
--R:R = 3.52
--Expected Profit = 11,16,000 ₹ per lot (31.63 % )
--Expected Holding = 3-6 months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
======================================================
⭕Technical Reasons to trade or Strategy applied :- ⭕
1) 200ema breakout & retracement .
2) rounded bottom pattern at all time low .
3) parallel channel breakout
4) wedge pattern as well .
5) Fundamental looks good & technical indications are in buy mode.
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !
Note
pattern Breakout will give more bullish movements Trade active
SL hit ....but it is highly recommend to reenter now at CMP = 143same stock will recover the losses
Trade closed: target reached
1st Target HIT 13 % GAin 👉READ THE TRADE ACTIVE UPDATE👈
Note
exit at cost those holding
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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.
Related publications
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.