Coal India-Intraday for 29-04-2024- Wait and watch trades.

Apr 28

Bullish
50 EMA has reacted last time and also golden crossover found in the recent trend.
Bounced from support

Buy May be above crossing strong resistance above 465.

Bearish
Trend-Over all downward to sideways range
Already rejection candle found at Resistance level.
Sell if any bearish signals found after rejecting from resistance level and
below 50 EMA and below 453

Leading indicators should give confirmations while taking trade(RSI, Stoch, Isolators, Volume)

May 2

Order cancelled

Market in side ways. No strong signals found for trading

May 3

Trade closed: stop reached