Coal India - An out of the box pattern Long

COAL INDIA LTDNSE

Description

⋅ Dec 22, 2021 4:44 AM

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

⋅ Sep 11, 2022 6:29 PM

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. ✅

Comments

Trade-Technique

⋅ Mar 5, 2022 1:18 PM

Very impressively prediction.

Chaser30

⋅ Jul 28, 2022 6:00 AM

such, a keen observation is praiseworthy

YesvSpeedyStock

⋅ Dec 22, 2021 8:03 AM

Bought @ 151...
Target and duration ?

johntradingwick

⋅ Dec 22, 2021 9:16 AM

@HR2526, I am aiming for 200 in the next 2 quarters. If it doesn't reach there, exit early depending on the price action.

johntradingwick

⋅ Mar 2, 2022 9:21 AM

@HR2526, I hope you held till now. Seems like a good time to start taking profits.

this_is_shoaib

⋅ Dec 22, 2021 5:04 AM

Good eyes, best use. Great work

johntradingwick

⋅ Dec 22, 2021 9:16 AM

@this_is_shoaib, Thank you.

Minhaj_AK

⋅ Dec 22, 2021 4:53 AM

good observation. it's also giving a good trendline support too and near a very crucial zone.

johntradingwick

⋅ Dec 22, 2021 5:03 AM

@Minhaj_AK, Yes, you can use the trendline too. In general, I don't follow trendlines. I just use them for general direction.

RintuR

⋅ Dec 22, 2021 4:48 AM

Good Observation :D