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 !!