Multiple Timeframe Analysis of Coal India for NSE:COALINDIA by Neeraj_S_

trendanalysis chartpattern fake breakout head_and_shoulder trendlinebreak

1 Day chart - Fake breakout and Retest
1 Hr chart - Trendline
15min chart - Head and shoulder pattern

A good entry would be a 15min candle close below the neck level head and shoulder + trendline breakout.

Trade closed: target reached:

Target 2 Reached

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.