COAL INDIA - 17th MAY 2022Stock in Uptrend
Taking Support between 167-156 Band.
Holding this Level will help Bulls to push prices higher.
Failure to hold these levels could cause Choppy, Random, Tug-of-War between Bulls & Bears
COALINDIA trade ideas
How to trade supportive trendlineNSE:COALINDIA
Pros-
.Supportive trendline trade is one of them which has a huge risk-reward ratio.
.It is easy to trade compared to others.
.Less complexity in the chart so the charts look clean.
.
.
Cons-
finding the perfect inclined trendline is time-consuming or we can say little bit difficult.
Procedure-
. First, find the trendline with an inclination range between 14-25 degrees.
.find the value of the up move whenever it touches so that we can project the next move.
.Add an alert to the trendline so that you can't miss any move.
.As you get an alert, you just have to take an entry with stop loss below the trendline (as per your RR ratio)
.Don't forget to keep SL
.After entry, you have to track your target.
Happy Trading
Grab COAL India in 182-186 range target 195/200Coal India Ltd. (CIL) will offer its 20 discontinued underground coal mines to the private sector to reopen and bring into production on revenue sharing model. Coal is basic raw material to Power sector. More availability of Coal will lead to sales growth and consequently improve profitability of Coal India.
Coal India @ 187.50 target 195 /200Coal India @ 187.50 is looking attractive for targets 195 / 200 in the shorterm. There is good long buildups since last two days in the stock hence may fire up soon.
COALINDIA- Triangular pattern Hi everyone , hope everyone doing good. me too!!
So today I have come to show the pattern which formed on coalindia stock. it was triangular pattern and the Breakdown is happen today EOD , so as per that the bullish support candles will be form for upcoming days (may be 2-3). Lets check on may 5 or 6 , 2022. my analysis was made on 1 hour chart.
My 1st target was- 192rs
If it breaks the 1st target, 206rs is my final target. lets wait for sometime to see this.
Disclaimer: This was fully my own prediction and educational purpose only. not influencing to buy/sell this stock.
cup and handle pattern formationCOALINDIA 8.2.22
Daily Time Frame
Cup and Handle Formation
Entry: 167
Exit/SL: 154
Target:183
#For Education Purpose Only
buy coal Indiabuy coal India because coal pries is going up and huge demand
buy @ 182
stop loss 172
target 212
its a breakoutit will boost coz its a perfect breakout. mostly it will reach 240+ . do your own analysis before u enter .
COAL INDIA -- BULLISH BREAKOUTCOAL INDIA --- BULLISH BREAKOUT.-- COAL IN DEMAND .!!
1. Weekly multiyear chart seen multiyear breakout
2. Daily chart seen resistance breakout as well as 52 week high breakout
3. RSI ABOVE 60 in daily chart Currently at 62 level which is strong bullish indicator at 52 week hig level
4. MACD bullish above center and signal line
5 . Above SMA 20.50.100.200
6. Histogram seen Bullish.
BUY COAL INDIA @ 202
target 250-275 ( positional- 2 month )
stop loss 165
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. @@ trdae at own risk .!!
HAPPY TRADING !!
coal indiaMy point of view is coal india has formed good cup and handle formation its likely to give good upside momentum on daily timeframe
Strong bullish breakout in Coal India. Hold for long term Coal India has shown a strong breakout on a weekly time frame and it can provide the best returns in long term with good dividends. The stock crossed 200 EMA on 31 August
to 2015 and from that the stock was in a downtrend and it fell from 347 to 109, but now it is showing strong signs of bullishness as it has crossed 200 EMA with a good volume and a retest with a strong bullish candle.
COALINDIA Ascending triangleNSE:COALINDIA
#NSE:COALINDIA formed ascending triangle, all the levels marked for practice.
Happy LEarning !!
Coal India Ichimoku Bullish Breakout Stock Name -Coal India. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing bullishness.
More strength will be visible once it will sustain above 205. Worth to keep in watch list for coming days.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Rule Based Investing
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis. Please do share your thoughts into comment section of Trading View.
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Time to Buy Coal IndiaTime to Buy Coal India... if break 200 closing basis will open first target for 215 immediate.... after closing 216 will open for 2nd target 267...
Coal India: Target 260 after breaking cup and handleRefer the chart for the details
1. Coal India is breaking cup and handle pattern.
2. This was long cup of 2 years duration.
3. Target is 260 which is very conservative.
Disclaimer: This is only for education purpose and it is not a buy recommendation.
COALINDIA bagged 32k and further level marked !!NSE:COALINDIA
#NSE:COALINDIA bagged huge profits to our friends and marked further levels.
Levels marked for practice only.
Happy LEarning !!
Check the signature column under this chart for complete details.
