mechdaa

Nice Breakout isnt it?

NSE:COALINDIA   COAL INDIA LTD
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.
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