NeeteshJain

Coal India Breaking Out Channel Pattern (Bearish)

Short
BSE:COALINDIA   COAL INDIA LTD
The price action breaks out from a trending channel , indicating weakness and bearishness. It shall now reach to Fibs levels targets at 321, 313. Stoploss 336
Trade closed: target reached: TARGET 1 ACHIEVED.
Comment: Now, pursue to target 2 at 314
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.