COAL INDIA: Short based on S&R
As it is at major resistance level
RSI is in the overbought region
MACD is also showing bearish crossover
We can expect a fall in next few trading sessions
RSI is in the overbought region
MACD is also showing bearish crossover
We can expect a fall in next few trading sessions
Note
TARGET 1 reached, update STOP LOSS to 290Note
TARGET 2 reachedupdate STOP LOSS to 288
Trade closed: stop reached
STOP LOSS HIT,close the trade
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.
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.