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Coalindialong

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 Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:COALINDIALong
by this_is_shoaib
1
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
NSE:COALINDIALong
by PrakWorld_Traders
Coal India – Accumulation Phase almost completed, Ready for RUNCoal India – Accumulation Phase almost completed, Ready for a Bull Run. Entry – CMP Stop loss – 137.1 Target 1 – 288.5 Target 2 - 441 Duration - 4-5 years Small resistance between 237.6 to 288.5 All numbers are *Weekly* based Fundamentally, all numbers are too good, no issues at all and Co is cheaply valued too with 8% as Dividend Yield. Technically, Accumulation has happened in last 10 months and Weekly breakout level can be above 155.5, Sustaining above this Level can give a good Run UP. As per below Calculation, Public Holding in Coal India is around 5.45% and more or less Accumulation Phase of this stock is almost completed. Around 959crs more will be required and there will be shortage of Coal India Stocks in market Monthly avg volume : 336 (in mill) Average Price last few months : 127 (rs) months of Accumulation : 10 Value of Accumulation : 426720 (1*2*3) converted millions to crs : 42672 Average Delivery % : 20% Deliverable Qty : 8534.4 (5*6) Market Cap on 11-05-2021 : 95,888 Deliverable Qty % : 8.90% (44415) Assuming 50% of Deliverable Qty is Sold again : 4.45% Public holding : 5.45% Pending for Accumulation : -1.00% (`10-11) Value Pending for Accumulation in CRs Rs : -959 (`12*8) Last 2 days volume is worth 1720 crs so accumulation of 959crs worth of shares should not be a difficult task Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
NSE:COALINDIALong
by SagirKazi
4