varadtambolkar

Buy and hold Coal India with SL of 128.15

Long
BSE:COALINDIA   COAL INDIA LTD
After high volume green candle at support. The stock is consolidating at support. Volume exhaustion also seen. As you have lower stop loss of 128 on weekly closing basis, keep accumulating. Hold with targets of 136 142 150. Book partial at these levels. on daily time frame stock will get momentum above 131 132 close

I am not a sebi registered advisor and risk doesn't belong to me. Trade as per your risk appetite. This is for educational purposes only
Comment: book partial here target 1 is done. hold rest with cost to cost stop loss.
Comment: now 142 target done.. hold half qty with stop loss of 137 closing basis. or book 2/3 at 142 & hold 1/3 for next target with stop loss of 135 closing basis.
Trade closed: target reached