COALINDIA trade ideas
What happened to Coal india 😳Levels mentioned in the chart...Good for long term holders to Accumulate at these support levels
~for educational purpose~
High-Reward-Risk Long opportunity in Coal IndiaDaily chart shows the price near the support zone and 200 DMA.
Weekly chart shows institutional support and trend reversal.
Coal India Daily ViewExactly at Daily Support and Trend line. Watchlist Candidate with any side move with volume
Coal India - Tuesday TradeStock bounced from the Trendline on Friday however might test it again. Good to short if breaks TL.
Consider for buy only if sustains above 140
Coal India BullishThe downward Sloping line is getting weak.
The previous Support will act as a resistance line.
RSI Divergence education i am trying to analyze the stocks in this process will try to share educational content.
Here you see first time price made double bottom at yellow line meanwhile RSI made Higher Low means bullish then up move happened.
Then again price is making Higher highs but RSI showing Lower highs this is called RSI divergence..
Purely educational purpose ...
What's next125 is the level below which if I see weekly or daily close (2 days) then I will be bearish for target of 40-50 . In case if it bounces off without breaking 125 then 177-190 will be the zone to offload holdings. Only weekly close abv 220 will make me bullish for long term in coal india.
15 Days Buy Coal IndiaCoal India continue create the "Red Candles" last 11 session.
Buy @ 145 Trgt @ 160, 170
& Buy "CoalIndia 155 Call Options" this month expiry
Coal india - buy at supportBuy from 144.2 to 143.5
easy target 149
Disclaimer : This is my personal analysis for study purpose not intended for trading
Coal india analysis.Hi i am a beginner trader. Here is my analysis of coal india . Place suitable sl. Any suggestions would be appreciated.
