Shorting opportunity in Coal india
M pattern break down + previous swing support breakdown.
also, stock is trading below its 9 and 21 EMA.
Targets on chart
also, stock is trading below its 9 and 21 EMA.
Targets on chart
Note
Showing positive divergence in RSI intraday. stay cautious and maintain strict stoplossTrade active
successful breakdown after retest of necklineTrade active
1/2 target achievedTrade closed manually
All targets achieved.
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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.