Key Highlights: 1. Bullish market structure - HH, HL 2. Volume expansion 3. Long period of downtrend & accumulation 4. Trendline breakout & retest done 5. Forming Inverse Head & Shoulders 6. Successful retest of the neckline 7. Support zone: 140-146 8. Target: 162, 183, 213, 241, 271. Stop Loss: 135 9. Time frame: 9-12 months You are always advised to use...
Key Highlights: 1. Bullish market structure - HH, HL 2. Volume expansion 3. Forming Cup & Handle on Daily 4. Forming Inverse Head & Shoulders on Weekly 5. Approaching major resistance zone 155-160 6. Flipped the 145 zone into support 7. Close above 160 will trigger a rally to 180 8. Target: 170, 179, 188. Stop Loss: 144 I have made an illustration on the...
Here 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...
COALINDIA Short Below 144 SL 149.5 Target 138.75 135 COALINDIA has shot up 30% recently . Now the stock is ready for a small correction. So, Coalindia can be shorted from the above levels. Otherwise We will long above 165 for the target of 190.
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...
Coal India: Currently, it is mildly bearish. It is a quality NIFTY50 stock and currently trading at very discounted and attractive price. I see, it will retrace soon and reach the targets in 1-3 months time. Good for short term and for long term investment. **Disclaimer: I am not a SEBI registered consultant/Advisor. It is completely my view and opinion. My...
Coal India continue create the "Red Candles" last 11 session. Buy @ 145 Trgt @ 160, 170 & Buy "CoalIndia 155 Call Options" this month expiry
Formation of Inverse Head & Shoulder pattern Breakout on the daily and weekly chart. Breakout above the neckline and downtrend line with high volume. Potential long target of 25-30 points. Use a fixed stop loss. P.S: This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal. Invest your capital at your own risk.
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.
ENTRY -160 OR ENTER AFTER RESTEST EXIT - 175 BROKE RESISTANCE WITH HUGE VOLUMES.
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
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...