COAL INDIA - BULLISH DIVERGENCE
It is been observed on the daily chart that the price action is forming a bullish hidden RSI divergence where price action is forming lower lows where as RSI oscillator forming higher lows, indicating a trend change and bullish move ahead.
Target 1: 295
Target 2: 300
Stoploss: 280
Target 1: 295
Target 2: 300
Stoploss: 280
Trade active
Trade active
Note
Stoploss Changed to 275-272 to the strong support zone. Regards
Trade active
Note
Coal India getting good buying at support zone as expected, good time to initiate.Regards.
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