Can $NSE:COALINDIA Will Bounce From 305 ?Dear Followers,
I hope you're doing well. I wanted to share a brief update regarding the short-term trend of the stock NSE:COALINDIA I have been monitoring.
Currently, the stock is experiencing a downtrend in its short-term price movement. My analysis indicates that market conditions and recent price action suggest a period of declining prices. This information could potentially be useful for your investment / hedge strategy.
If Stock Break 299-298 level then possibly we can see 291-289 level so if you are ready to take Risk then I have Strategies For Month Of October Series that we can Deploy.
1) Buying an Option
Strike Rate= 300 PE
Buy Price= 5
Stop Loss= 3.50
Target = 9
Time Frame 7-8 Days
Investment = 21000
maximum Loss= 5050
Profit Upto = 16800
This Information is only for Educational Purpose.
Best Regards,
Ajay Metha