Nice Breakout isnt it?
Yes, CoalIndia has broken out and quite well. Look at the chart in which I drew the resistance and support lines. I should've taken the trade. I think I have seen enough analyses to understand that breakout trading is a working strategy when traded with caution and all the rules.
I will trade the next proper breakout pattern.
I will trade the next proper breakout pattern.
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.