Coalindiabuy
COALINDIA Analysis- Buy And Sell LevelsHere is just an update for coalindia . Both buy and sell levels are given. Follow Chart. Earlier I gave only sell levels.
In Buy side we are just trying to take early entry on the basis of ripple.In weekly time frame it is strong and if it crosses 165 it will go to 190.
So, Build your positions accordingly.
See the below chart shared earlier. Both buy and sell levels are valid. Use alerts for entry.
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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COALINDIA - Bullish Engulfing at resistance turned to supportNote: This is for educational purpose only. Please do not trade in F&O based on this.
There seems to be a bullish engulfing at resistance turned support. This seems like a pullback as the volumes reduced while price came down to support. Moreover, RSI is at 66 which indicates bullish momentum.
SL: ₹140.
Coal India - Change in MS. Seems Bullish! Things to Note:
1. Price is moving out of a long term downtrend
2. Change in MS - Printing HH & HL
3. Price in correcting after the first impulsive move
4. Nearest support zone lies at 127-129
5. Possible targets: 140, 145
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
COAL INDIA LTD, Daily ChartCOAL INDIA LTD. Daily Chart.
Has given Breakout of Both Cup-N-Handle Pattern & Head n Shoulder Pattern at Same Time,
LOOKS Good to BUY at CMP or in Dips if you get Chance, with StopLoss of 134 Closing Basis.
For Targets of 152.80, 165, & then 180.
CUP N HANDLE BREAKOUT
HEAD & SHOULDER BREAKOUT
ZOOMED IN BREAKOUT
OVER-ALL TOP VIEW
DISCLAIMER :
I AM NOT SEBI REGISTERED ANALYST.
THESE STUDIES EDUCATIONAL PURPOSE ONLY.
CONSULT YOUR FINANCIAL ADVISOR BEFORE TRADING OR INVESTING.
📊 #Coalind #Coal India 🎯NSE:COALINDIA
whoever holding from lower levels just hold it tight if find breakout. fresh breakout above resistance only. and if find reversal as resistance one can short as well.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
COALINDIA EDGING TO BREAKOUT FROM RESISTANCE.COALINDIA has been running up for the past couple of trading sessions and has inched very close to the resistance trendline. Breakout on upside possible if the price sustains over 137.
If the price does not sustain, we will see profit booking and reversal.
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.
Coal India : Moving to hit first targetNSE:COALINDIA
Hi Traders,
As expected in previous idea ( "Positional Buy Coal India" ), Stock is moving to hit first target. If it breaks 150 level and sustain above 150 other targets will easily hit.
Stock Analysis
* After develop triangle pattern, Stock is moving up.
Buy Level
140.70 (Given in previous idea)
Target Level
TP1= 144.50
TP2= 149.25
TP3= 156.90
TP4= 169.25
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