Coalindiaview
COALINDIA - Huge Upside PotentialI have already given buy and sell levels for COALINDIA . Sell level did not come, but buy price was triggered . Our entry was 150. And we have gained more than 8%. Fresh entry can be made from the given level.
COALINDIA
Buy - Above 165
SL - 152.5
Target - 180 185 190
This is the call I shared few days before.
It is making inverse H&S in Weekly timeframe.
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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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.
Coal India - Positional view | Inverse Head & Shoulders 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 an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
IS COAL INDIA MAY BE FORMING A BULLISH PENANT ?KEEP AN EYE ON COAL INDIA FOR BREAKOUT ABOVE THE LEVEL OF 150.
COALINDIA Ready For A Small CorrectionCOALINDIA
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.
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.
COALINDIA - Big BreakoutCOALINIDA 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 (RESISTANCE BREAKOUT)ENTRY -160 OR ENTER AFTER RESTEST
EXIT - 175
BROKE RESISTANCE WITH HUGE VOLUMES.
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 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.
COALINDIA LONGNSE:COALINDIA
BUY BETWEEN=112-114
SL=111
TARGET=118/120/123++++
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BUY 120CE 29OCT2K20 @
SL=2-2.45
TARGET=4/5/6++++
Coal India - Hammer at support with low RSINote: This is for educational purpose only.
There seems to be a bullish hammer pattern formation at support with low RSI.
