Hello & Welcome to this analysis A Maharatna co has done exceeding well since March lows and particularly in the month of September. Going forward as long as it sustains above 275 it could continue its rally which next faces a major resistance near 350 in the medium term. Happy Investing
Coal India monthly timeframe breakout chart review all thing I explained in video.
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1 Day chart - Fake breakout and Retest 1 Hr chart - Trendline 15min chart - Head and shoulder pattern A good entry would be a 15min candle close below the neck level head and shoulder + trendline breakout.
Intraday & swing trade Stocks For 25 MARCH 2022 WITH THE Help of Ichimoku & Fibonacci ext.
Why I taken COALINDIA (Stock 5.41% Return) for Intraday 160CE Date on 09.02.2022 ??? Positive Points for Intraday: 1.Day timeframe trendline breakout 2.Inside CPR & MA 200 Support 3.MA 20, 50 golden Crossover 4.Previous day high breakout with strong bull candle. 5.Raising Railway track pattern identified.
There is a high chance that COAL INDIA may reverse from its critical support area, so need to keep an eye on it.
My Wave count on COALINDIA for Medium Term. Disclaimer: Only for Educational purposes.
Triangle break out in COAL INDIA stock price and also the level is tested. We can expect an upward movement of 7%.
Coalindia looks good to add to the portfolio for short to medium term. RSIStairs on weekly charts has turned bullish. On daily charts it has given buy signal as per MomentumInvest trade setup. On monthly charts it made an MorningStar pattern on November. During DEC/Jan it has made a TweezerBottom pattern on monthly scale. In current month also stock took support...
Hi Friends i have made a small efforts in giving detailed analysis , On Coal India , Many had sent me email asking what to do , so please go through the video till end and look for opportunity Good luck
coal broke the small patern with red and above that there is trend line which is resistance of that and even stop loss also .
COAL INDIA looking weak on daily chart ! it has gave bearish signal with all broken moving average (10,20 & 50 days ). one can bet on coal india for short target of 125 & 120 respectively targets by this month expiry !
Any of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.