COAL INDIA LTD
Long
Updated

Coal India - An out of the box pattern

I have noticed a pattern of deviation below the 200MA followed by a 100% recovery. This has worked about all 4 times this year. I am betting on it to reoccur.

Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

Happy learning. Cheers!
Rajat Kumar Singh (johntradingwick)
Note
This turned out to be a great trade. The price never even went below 1% and gave almost 65%. One of the craziest asymmetric Risk-Reward. ✅

snapshot

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