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COAL INDIA - FAILS TO SUSTAIN 61.8% RESISTANCE -SHORT SELL AHEAD

Short
NSE:COALINDIA   COAL INDIA LTD
DATE 07-01-2017 TIME 18:00 PM IST

COAL INDIA FOUND DIFFICULT TO SUSTAIN NEAR FIBONACCI RESISTANCE OF 61.8%

CONSIDER TO SELL AT 304 and RISE NEAR 308 WITH

STOP LOSS ABOVE 311

FOR TARGET NEAR 295
Trade active: UPDATE 11:38 HOURS AM IST

DAY HIGH OF 305.25 AND CURRENT DAY LOW OF 298.65 ENJOY PROFITS.
Trade active: UPDATE 15:54 HOURS IST

DAY LOW 296.80

DAY CLOSE 297.75

ENJOY PROFITS
Trade closed: target reached: DAY LOW OF 295.65

UPDATE 12:19 HOURS IST

TARGET REACHED CALL CLOSED DAY 2

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