sandmehta2014

BUY COAL INDIA, 3 Bullish hammer

Long
sandmehta2014 Updated   
NSE:COALINDIA   COAL INDIA LTD
Forming Triangle Pattern. RSI moving above 50 in a daily chart. 186 would act as a support if it breaks. 3 bullish day hammer candles.

News on 24Th June:
COAL INDIA has signed a memorandum of understanding with Madhya Pradesh Power Generation Co. to set up a 660 MW thermal power plant

BUY @ 189
TARGET 1: 199
TARGET 2: 208
SL: 183

Trade closed: target reached
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