Coal 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,...
Note: 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.
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...
Hey Traders, Here is an analysis of Coal India which could be our positional or intraday buy as per your comfort. Expected target mentioned. Put Sl as per you risk management. Guys, Do Guide me if there's any thing that could be improved, and Keep supporting.
COALINIDA was forming a H&S pattern since Mid-May and finally the neck line has been broken with huge volumes. I am bullish on this script.
COAL India One can enter in COAL India at CMP with the SL @135 Weekly Closing Basis. The stock is forming an Inverse Head & Shoulders pattern with the target of 175-180. Follow SL strictly. PSU's are looking very good on the charts. The volumes are also drying up which indicates consolidation near breakout.
COAL 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...
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...
Buy Coal India At Cmp 122.75, SL - Below 118, Target - 135
Technical - Should reach, the pattern top. if breaks the pattern top, then target 160. Positives - CIL floats tenders for 35 mining projects identified for mechanised coal transportation.
I 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...
NSE:COALINDIA BUY BETWEEN=112-114 SL=111 TARGET=118/120/123++++ -------------------------------- BUY 120CE 29OCT2K20 @ SL=2-2.45 TARGET=4/5/6++++
Note: This is for educational purpose only. There seems to be a bullish hammer pattern formation at support with low RSI.
BUY BETWEEN 124.5-128 STOP LOSS-122 TARGET-135,138,141++++