Watch Coal India Weekly - Bullish if closed above 209Coal India Weekly chart.. i am bullish if the weekly candle closes above 209, can see huge move 400+ if closes above 209.
Its a TLBO in weekly, Inverted Head n sholder in weekly also 200 ema support on daily. It need to cross the previous resistance zone to get ready for big move..
COALINDIA
Symmetrical triangle breakout in Coal IndiaChart -> Coal India Daily
Coal India has given a Symmetrical Triangle breakout in the daily time frame.
CMP: 198
Targets: 210, 220, 230
SL: Daily close below 190
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
COALINDIA Short term Rally confirmedKindly refer the Chart, See the orange trendline, it is clear breakout of descending triangle
So Target 1 is 201
Target 2 : 205
Target 3 : 207
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This is only my view, it is not trading recommendation. So I am not responsible for any profit or loss made using this idea
BR
Ur All Time Money maker
Coal India Technical AnalysisHello Guys , Today I Have The Technical Chart of Coal India it has made the Inverse head and shoulders a few days ago but now I think it can go to the Targets shown as it has came to the Neckline to Break and go on a Bull Trend and now lets talk about the target . So its target could be 211 . BTW It is Based on your Risk To trade on it or not and Don't Forget to Like the Idea and Follow The Channel for Regular Updates and Regular Ideas and also Now i am again Going To Make Regular ideas Bye-Bye .
Time Frame :- 1 Hour
Patterns Name :- Inverse Head and Shoulders
Symbol Name :- Coal India
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
Grab COAL India in 182-186 range target 195/200Coal India Ltd. (CIL) will offer its 20 discontinued underground coal mines to the private sector to reopen and bring into production on revenue sharing model. Coal is basic raw material to Power sector. More availability of Coal will lead to sales growth and consequently improve profitability of Coal India.