COALINDIA
COALINDIA- 4 reasons to Buy it. Triangle Breakout.Dear Traders,
1.I previously traded this stock and had handsome profits at the end of month. I found opportunity again but this time, you all can take benefits of it too. It has breakout today from previous candles as well as from Triangle Pattern.
2.People like me who believes in volume is there so, our conviction gets stronger by this.
3.When market is in fall this stock doesn't gave any bearish signal by breaking down from the Triangle Pattern. This gives me confidence to buy it.
4.Traders, I know risk is little bit higher but without trying we will not get any results. If its loss we will learn from it.
Have a good day Guys.
BUY COAL INDIA ABOVE 168Coal india has taken a good bounce from it's 200 ma
Breaking above the wedge shaped pattern resistance.
MACD is above signal line.
RSI looks good.
Good volume buildup.
was in the top gainers today so definitly has spiked interest.
BUY ABOVE - 168
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SWING TRADE - COAL INDIA LTD - R:R @ 1:2Potential Opportunity as Swing Trade in NSE:COALINDIA
Risk : Reward - 1:2
ENTRY - 167.00
TARGET - 187.00
STOP LOSS - 157.00
This is for Educational Purpose only, apply your prudence & consult your adviser before any investing.
HAPPY TRADING.....
#nse #swingtrade #nifty #coalindialtd #coal #nifty50 #priceaction #supportzone #trendline #retest # retracement #bullish #riskrewardratio #sma #simplemovingaverage
COALINDIA...CAN WE EXPECT THE HUGE DROPToday we have seen the breakout of flag,it might or it might not drop,we can clearly seen the drop,but entering directly is not safe this is only chart pattern analysis its not an investment advice.pls learn how to trade channel breakout and follow proper risk management.i hope this analysis will help you understand market potential.
NTPC 350+ ?? Possible.. Best Ride in CashSo, let’s not forget the great power crisis we were in just few weeks back. India did not have enough coal they said.
Let’s not forget March starting AC will be running and we will need gigantic supply of power.
Let’s also understand that everything else has ran up quite significantly and needs a breather. Coal India and NTPC have not run so much.
Best time to buy NTPC and Coal India in cash now. Sell in August - October 2022 timeframe.
Targets are marked in green line.
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
COALINDIA Trade Setup For TodayIntraday pick for Today - 17-01-2022
stock name : Coalindia
Time frame : 15 minutes
Wait for proper breakout and retest for entry.
Please hit the like button this really
motivates me to make more such
analysis.
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COAL INDIA - looks good for really good returnsStock has taken really good support at long term weekly TF trendline
Since then its bullish
one could plan for entry around 152-149
OR
average it by buying small quantities from CMP
Looks really good for huge target 205 over few months
DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking position
COAL INDIA MID-TERM SWING TRADE!Hi everyone, Coal india mid term swing trade consider buy above: 154, targets: 170.50/178.40, stoploss: 152.
LOGIC BEHIND TRADE: Stock has recently formed double bottom pattern on 1D chart & given breakout of resistance (targets identified from xabcd pattern level 1.272 & 1.618) stoploss is previous swing low it makes great RR stock looks good for mid term swing trade. NSE:COALINDIA
COAL INDIAHi There,
In this Picture
R1 Defines Resistance 1 & R 2 as Resistance 2 and as a target though
After Hitting Target 1, the trend line pattern will be changed
the White arrow indicates there will be a fast and straight up in market
you can buy @ NOW - Target 1 - 160
Possible From Arrow - with a false breakout it will continue to move up
Don't forget to Share your thoughts below in the Comment Section
Simple Trade Setup | COALINDIA | 30-12-2021 [INTRADAY]NSE:COALINDIA
Observations:
1) On 1 day time frame, it face resistance from 21DMA and still trading below 200DMA.
21DMA is placed at 149.37 and 200DMA is placed at 150.81 level range.
Hence, 150-151 will me major resistance area.
And it is trading with immediate support trendline.
Please refer below chart : 1 day Time Frame.
-------------------------------------
Trade Setup for Date: 30-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Disclaimer: Posting this on request.
COAL INDIA - Taking good Support 🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
BUY_COAL INDIAFUNDAMENTAL POINTS
- Company is almost debt free
- Stock is providing a good dividend yield of 10.99%
- Company has a good return on equity (ROE) track record: 3 Years ROE 53.91%
- Company has been maintaining a healthy dividend payout of 56.04%
TECHNICAL POINTS
- Stock has corrected more than 30% recently
- Tradeline support
- MACD Oversold
- RSI Oversold