COALINDIA
Coalindia for 240 -> 270?It may stay in the channel or breakout. however, in near term it must test the high of the flag channel.
COAL INDIA SHORT POSITIONPrice is moving in channel and hence we can expect it to reach the bottom of the channel next ..
provided the possible entry, stop loss point and target points using the short position tool ., lets see if we can get an entry and how market moves ..
DISCLAIMER : All the articles posted are for analysis purpose only , any trade taken shall be under your own analysis and risk
Coal India towards double topCoal India is currently swinging in Rs. 202.6. It will go up to 207.. from there down trend expected
COAL INDIACOAL INDIA has made a Bullish Harmonic Shark today. If it holds 182 then it can retest 200-210
POSITIONAL BUY COALINDIA COAL INDIA LOOKING ATTRACTIVE PRICE IN LONG TERM AND SHORT TERM. BUY ON DEEP AND HOLD NEAR ONE TO TWO MONTH FOR 5 TO 10% RETURN
Coal India Intraday QuickieIn the Weekly TF, last week, we see rejection of Monthly resistance with a nice candle and a red candle is in the making which is also rejecting the same zone.
In the Daily TF, whenever the price has arrived at the monthly level, it smashes down with red engulfings. Also, the short term TL is broken on 8th Nov. So, everything seems bearish.
In the 75min, price has started to reject the pivot levels. Already, EMA crossover has occurred signalling bearish sentiment.
Coming to the 15 min, multiple rejections of pivot level. We can enter short with tight SL above pivot for intraday quick gains.
COAL INDIAWeekly time frame is showing a C Clamp while Daily time frame has given a breakout yesterday. It could test the next resistance near 225. View negates below 205
Go Long If.........Go long if it closes above today's closing with huge volume then it will try to touch 226 and then 255-260. (Cash Only)
Coal India : Getting ready for a move up?COAL INDIA: Coal India registered a Kumo Breakout in today’s session. The KS is pointing up and future cloud is positive. CS is free, these are early indication of trend change. RSI bouncing from the 60 levels further pumps up the analysis. However the entries can be refined at 202 – 203 levels, the next resistance levels are placed around 224. Below 198 the analysis is negated.
Coal India- ABCD Pattern View Looks Bearish (Short)Coal India- ABCD Pattern View Looks Bearish (Short)
It Looks Like bearish pattern Now
