Coal india 1hrs It's look like Inverted Head and Shoulder forming, it's take support trendline 2nd neck, it's move upto 367, 372 once it's break means target for IH&S 385.
COALINDIA trade ideas
COAL INDIA BEARISHSince the trend is down on higher time frame i found a gap on 30 min tf that's why coal india i found bearish for 30 min tf with a good risk reward
WEAKNESS IN COAL INDIA COAL INDIA has been moving in a downward channel and taking resistance on the top trendline.
A short position can be entered on receiving another signal of weakness from here , preferably at the 369 levels.
Coal India - A Quick Leaning Through Chart Patterns Date : 13.02.2025
Coal India
Timeframe : Day chart
Remarks :
Chart Patterns you can see & learn through Coal India chart & practice yourself on other stocks.
Chart patterns highlighted are ;
1 Bullish Pole & Flag
2 Bearish Pole & Flag
3 A type of Flag
4 A type of broadening wedge
5 Rsi mean reversion concept
6 Support & resistance & its behaviour change
7 Head & shoulder
8 See the importance of necklines w.r.t different chart patterns
9 Descending triangle
10 Rising wedge
11 Topping out zone as double top
Regards,
Ankur
This correction is an opportunityCoal India CMP 370.70
Gaps- certain gaps mark the middle of the move. One such gap is seen at 435 on this chart. the bottom was made once the stock travelled the other half down. To me the correction is over and this dip is an opportunity.
Long COALIndiaCOALIndia in short term chart looking good for buying oppurtunity
Crossing 396 then 417 zone we can expect. Crucial Resistance is 396 zone
Long COALIndia
target-1 -396
Target-2 - 417
SL- below 375
Coal India. Buy the Dip?Stock: Coal India (COALINDIA)
Current Price: ₹385.05
Technical Analysis:
1⃣ Descending Channel: The stock is trading within a descending channel, forming a base with a potential double-bottom pattern.
2⃣Structure: Lower Lows (LL) and Lower Highs (LH). The overall market structure remains weak.
3⃣200-DMA: Stock is trading below its 200-day moving average, indicating caution for bullish momentum.
Trading Plan:
Entry: Above ₹400.30 on a breakout candle backed by 3x-5x volume.
Stop Loss (SL): ₹352.55 (closing basis).
Target Levels:
T1: ₹428.30 (7.00%, R:R 0.8:1)
T2: ₹458.50 (14.55%, R:R 1.6:1)
Positional T1: ₹517.20 (29.20%, R:R 3.7:1)
Positional T2 (ATH): ₹544.30 (36.00%, R:R 4.7:1)
Key Observations:
Dividend Payout: Suitable for long-term investors accumulating during dips.
Weakness Trigger: A weekly close below ₹360 could indicate further downside. Risky traders may short below this level.
RSI: Needs improvement to signal bullish strength.
Momentum Play: Not recommended for short-term traders. Wait for structural change above ₹400.
What to Watch During Breakout?
Volume Surge: Wide-range breakout candle backed by 3x-5x average volumes.
Sustainability: Ensure a close above ₹400 to confirm a breakout.
Disclaimer:
This analysis is for educational purposes only. Always conduct your own analysis and consult a financial advisor before trading. Trade responsibly and manage risks.
Inverse head-and-shoulders - Coal IndiaInverse head-and-shoulders chart pattern
is an important indicator for identifying bullish reversals.
Characterized by three (3) distinct troughs: a lower "head" between two (2) higher "shoulders,"
this pattern signals a potential shift from a bearish to a bullish trend when the price breaks
above the "neckline."
I shall make positionRsi making higher highs but price is still making lower lows..now its time to buy at the break of higher high of price
Coal India BullishAs per Price was at demand zone and we do see a reversal one can look for a long with caution as still price is in downward channel once break out of channel opens higher levels, just a view not a reco...
Coal India - Long or Short?Coal India is presenting 2 opportunities from current market price. If price rallies into the supply zone we can expect the price to decline and if the price retraces into the level of demand we can expect to see a bounce
COALINDIA - RANGE BREKDOWNRange and the target level all are marked in the chart.
380 is the ideal pattern target.. lets see how the price action unfolds.
Since this is hourly chart, wait for hourly close below the range for confirmation.. There could be attempt of retest of the range low as well.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views.
Accumulate - Coal India at 400Details:
Asset: Coal India Limited (COALINDIA)
Current Level: Near 52-week low at 400
Support Zone: Around 400
Potential Target: 540
Stop Loss: Below 400 or as per risk tolerance
Timeframe: Medium to long-term
Rationale: Coal India has witnessed a head & shoulder breakdown, pulling the stock to its 52-week low near 400. However, this zone appears to be a strong support level, providing an attractive accumulation opportunity for long-term investors. If the stock reverses from here, it could target 540 in the coming months.
Market Analysis:
Technical Setup: The 400 level has historically acted as a strong support zone, and a rebound from this level could signal the start of a recovery.
Fundamental Perspective: As a key player in the coal and energy sector, Coal India remains fundamentally strong amidst rising power demand and infrastructure needs.
Sentiment: The oversold condition at this support may attract buying interest, leading to a reversal.
Price Target:
Medium-term: 540
Risk Management:
Set a stop loss slightly below 400 to minimize downside risk if support breaks.
Timeframe:
A move toward 540 is expected in the medium to long-term, depending on market sentiment and sectoral developments.
Risk-Reward Ratio:
Favorable setup for accumulation, with a defined support level at 400 and significant upside potential toward 540.
Investors are advised to monitor price action near the 400 level, along with volume and broader market cues, to confirm the reversal before accumulating further.
COAL INDIA - DOUBLE BOTTOM & TRENDLINE RESISTANCECoal Indian is making two patterns at daily time frame. There is clear RSI divergence and Hammer candle formation. Once it gives the Breakout of trendline then one may think about taking the trade.
Price Action based analysis.
For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
COAL INDIA MONOPOLY PICK Please consult your financial advisor before investing.This is only for learning purpose of chart.
We are NISM certified EQ and MCX trader but not SEBI register investment advisor.
COAL INDIA IS MONOPOLY COMPANY IN INDIA WITH V.GOOD DIVIDEND YIELD OF MORE THAN 6%.STOCK IS TRADING ABOUT 25% DOWN FROM ITS ALL TIME HIGH GOOD TIME TO ACCUMLATE AND IT IS NEAR MONTHLY SUPPORT. EXPECTING TARGETS OF 650+ IN YEAR..
COAL INDIA - SWING TRADE ON LONG SIDESymbol - COALINDIA
COALINDIA is currently trading at 421
I'm seeing a trading opportunity on buy side.
Buying COALINDIA Futures at 421
I will add more long position at 412, if comes.
Holding with SL of 405
Targets I'm expecting are 440 - 452 & above.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Breakout with a retest on Coal IndiaBreakout after a retest ( resistance becoming support). Profits according to Fib levels. This is not a investment advice please do your analysis before placing trades.
COAL INDIA LTDCharts looks good.
prices may fall at 460 level
one can go for positional view.
Note- All these levels are according to my own analysis.
Do your own analysis before taking any trading or investing activities.
COAL INDIA - 1D TIMEFRAMENSE:COALINDIA has formed a triangle pattern in 1D timeframe but when we see in 1M timeframe it clearly shows uptrend. Hence in a lower timeframe it is good to go for a long position as it is always better to go with the trend. Now the chart could break the triangle and take a retest and move up or come down to the support zone and then go up. Only in these two conditions we'll be trading.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades NSE:COALINDIA
Coal India in ConsolidationNSE:COALINDIA 1D chart has recently crossed the all time high and is playing around it for the past few days. Now the chart has formed a consolidation. So it is better to wait and see where the price is moving.
NSE:COALINDIA
Coal India set to cross all time high If you look at the set up of COAL India. it looks very strong.
CMP 504. strop loss 498. target : 560.
RR: more than 1:10.
Why COAL India.?
During last month it has show nice rally from 480 to 520. and it has given nice pull back and now with positive momentum it is set to cross ATH. RR is unmatchable.
STOCK HAS GIVEN 13 YEARS BREAKOUT ON MONTHLY TIME FRAME.The Stock Has Forming Resistance From 2011.
Stock Has Broke The Resistance on july 2024.
RESISTANCE 1 at 418 on 2nd MAY 2011.
RESISTANCE 2 at 440 on 1st JULY 2015.
RESISTANCE 3 at 486 on 1st FEB 2024.
Stock has given breakout at 490 on 2nd MAY 2024.
Retest Has Been taken at 490 on 2nd SEPT 2024.
BUY THE STOCK AT 508
🎯SAFE TARGET🎯 AT 650
STOPLOSS🔻 AT 480.
Turning Bullish: COAL INDIACoal India has turned bullish recently.
The stock is trading around key level of 506.
Resistance levels: 521, 537
Support levels: 484, 459, 436, 408.
You can enter for long-term partially.
However, if 20 EMA (Black line) crosses above 50 EMA (Orange trend) along with good volume, we can confirm the bullish trend.
Pros:
The company is almost free of debt.
The stock offers a commendable dividend yield of 5.03%.
The company has an excellent return on equity (ROE) history. Three-Year Return on Equity: 52.8%
The company has maintained a robust dividend distribution of 49.8%.
