COALINDIA
BREAKOUT IN COALITS BREAK WITH GOOD VOLUME HOPE IT WILL MOVE UP I AM A NEW TRADER IF AM WRONG PLEASE CORRECT ME IN COMMENTS THANKS
COAL india reached its resistance area it may retrace from here COAL india reached its resistance area it may retrace from here or give breakout than it will be so huge
COAL INDIA has shown good strength in last two weeksCOAL INDIA has faced a very strong resistance at the trendline indicated on the chart.
This is turning out to be a very strong resistance as it has failed to breakout multiple times.
Will it be a breakout this time?
Like and follow.
NSE:COALINDIA
Coal India ::: Starting of Uptrend
Coal India was near 60 Point in RSI and Starting to form kind of an uptrend. If crosses the price level of 130 Rs a higher high will be formed.
I am Planning to buy at 130 and trail at every swing low. Will take whatever market gives. My hope is it should reach price level of 150 Rs.
Currently Entry Price is 130
SL :: 120 Rs which is swing low.
Comment below and let me know of what you think about my analysis.
If you find any mistakes point it out would love to learn and grow.
Thanks a Lot.
Happy Swing Trade.
coal india long trade.Long coal india above 123 TGT 124-128-130 with SL of 120 very good risk to reward trade. Long entry after the BO of TL and as well as 20 EMA conflux area. This is for your educational purpose only.
COAL INDIA has a very strong support line Coal India has seen very strong support around these levels.
For the one time that the support was broken, the stock good weakness.
This could be a perfect price to take a trade. If it reverses from the support, go long with a stop loss just before the trend-line.
Please like and follow.
NSE:COALINDIA
COALINDIATechnical - Should reach, the pattern top.
if breaks the pattern top, then target 160.
Positives -
CIL floats tenders for 35 mining projects identified for mechanised coal transportation.
Coalindia LongI hope you can now see how Coalindia represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
COALINDIA Buy at 119I will buy COALINDIA because :
I has broken its small resistance and s at its support zone ,
It has also broken its trendline.
Its consolidating reversal can be seen
Entry : 119
Target : 136/143/150
Stop loss : 368
COAL INDIA FOR LONGCOAL INDIA NSE:COALINDIA coming out of major TL on weekly time frame, RSI bullish divergence also seen indicating underlying strength.
Can COALINDIA Glow from current Levels?COALINDIA has formed a Morning star pattern near its all-time low price levels. The volume is also expanded for the day, which is implying a bullish move from current levels. However, it might test the low of the previous major swing which is at around 120 levels. If it breaks that level, a good up move is implied. Else, it will be continuing its downward journey.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading.
weakness in coal indiaSell below 113
supply zone 123 to 130(recent LH and also fibonaci retracement 78.6%,61.8%)
COALINDIA LONGNSE:COALINDIA
BUY BETWEEN=112-114
SL=111
TARGET=118/120/123++++
--------------------------------
BUY 120CE 29OCT2K20 @
SL=2-2.45
TARGET=4/5/6++++
The Rising Wedge BreakdownA rising wedge is a technical indicator, suggesting a reversal pattern frequently seen in bear markets.
Coal India Looks very good for short Hello traders as per my analysis CoalIndia looks great for short selling as it has given the breakdown
from its pattern.
what to do in COAL INDIA ? 180 RS?i feel coal india is one of good stock by chart as well as value.
so i prefer you to study coal india and make position in coal india for next 2-3 month
personal uptrend price is 180RS in next some time.
NSE:COALINDIA
