Bullish Trend Playing Long Opportunity In Coal India T1 170 T2 180 Buy Range 160-165 SL 155
COALINDIA is ready to breakout after long time, his near to trendline and make a higher high, if close above 170 then a good rally expected....
Stop Loss = Rs.150 Target 1 = Rs.111 70% of the profit can be booked at Target 1.
price peaks come after rsi peaks so do the lows in long term . pls help me understand the reasons
Always beware of a corrective ABC pattern when a stock is below its previous highs in a bull market . It is tradeable but not buy and hold. Expalined in the chart . Regards
COAL INIDA HAS GIVEN 1) C & H BO 2) Descending Trendline BO
The fall is looking like an impulsive move. Look for the target of 126 zone .
After high volume green candle at support. The stock is consolidating at support. Volume exhaustion also seen. As you have lower stop loss of 128 on weekly closing basis, keep accumulating. Hold with targets of 136 142 150. Book partial at these levels. on daily time frame stock will get momentum above 131 132 close I am not a sebi registered advisor and risk...
1. If the head and shoulders heads completed and becomes valid, then look for that 254 as target . 2. But if it breaks through that minor resistance level , then look for the target of 264 -which is the major resistance . happy trading...
Coal india just completed gartley in 1hr chart. Still looking for target at 61.8% retracement of CD leg
TGT 303, SL 247 CLOSING BASIS, TF 2 MONTHS. Disclaimer: I am a novice at charting and this chart is for educational purpose only. Views and opinions are welcome.
Trading is all about listening to the messages that market gives us by clues. The price is trading near the Dynamic support level and made a clear breakout. Even though we cannot consider it as clear sell signal as it has some other strong support of 100% of last down trend.Wave principle is extremely subjective and we have to keep all possibilities in mind during...