COAL INDIA LTD
Long
Updated

Bounced from 200MA!

Bounced from 200MA. With today's low being important, one can enter long with SL below today's low and look for Target 146/151 in coming days. Above 146, it'd be considered Triangle BO and targets can be increased accordingly. On the other hand, closing below today's low would be considered Break Down and one can look for Target 136/131 on downside. I am on Buy side as of now.
Trade active
146 Hit. Booked partial.
Trade active
High of 149.40

Disclaimer