Coal India is looking good for a positional/swing trade.
Buying above Rs 148.10, SL Rs 143.75, Target to be updated soon.
Disclaimer: The views expressed in this article is of my own. You're solely responsible for any decision taken in the markets, resulting in financial gains or losses. The analysis I've shared is for informational and educational purposes only.
1. Coal India has formed Cup and Handle Pattern.
2. I am expecting a continuation of uptrend after a RETRACE.
3. Recent downfall, for me, was just like a "profit-booking" after the results.
4. SL, Entry and Target to be posted afterwards.
Disclaimer: The views expressed in this article is of my own. You're solely responsible for any decision taken in the...
Trading and investing are completely different in nature.
In trading, we don't care about the prices whether it's fair or not.
We buy high and sell even higher.
But in investing, we should only buy a stock near its intrinsic value. No matter if everyone is making money except us. But, price which is justified by fundamentals are sustainable and proved...
Stock Name - Coal India Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 350
#This is not Buy and Sell recommendation to any one. This is for education...
Coal India with such a ravishing rally this entire month of Sept, halts at the price where this started i.e., 291 as on 1st Nov'10.
From here a buying plan is to enter fresh trades on breakout and retest of 291 for target of 307 and 320 with small but significant resistances at 295, 299, 302, 315-316.
Short side opportunity on break of 291 and retest it as...
NSE:COALINDIA
Hi all,
Sharing View on Coalind The Stock is Trading near good Support level it traded in that support level many time created buying volume If the stock is hold above 200 price level then it may go bullish and fill the gap .
1. Coal India looking prudent for long term investment and swing too.
2. CUP & HANDLE pattern (handle in formation) (below is the monthly chart view )
3. Wait for the voluminous Breakout. ( Monthly candle closing above 255 can be the confirmation )
4. Target reaches to near 400 (as per cup depth)
5. Since this been an one sided move, we can expect one...
Stock Name - Coal India Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 304
#This is not Buy and Sell recommendation to any one. This is for education...
