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)

Comment:

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. ✅