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Himanshu8866
Oct 20, 2021 8:05 AM

Shorting opportunity in Coal india Short

COAL INDIA LTDNSE

Description

M pattern break down + previous swing support breakdown.
also, stock is trading below its 9 and 21 EMA.
Targets on chart

Comment

Showing positive divergence in RSI intraday. stay cautious and maintain strict stoploss

Trade active

successful breakdown after retest of neckline

Trade active

1/2 target achieved

Trade closed manually

All targets achieved.
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