COALINDIA trade ideas
Coal India - Bullish - Head and Shoulder Pattern - Longthis is a probability and for educational purpose only
Coal India - Bullish - Head and Shoulder Pattern can go long
For T1 and T2 mentioned
On 1 Hour time frame
Coal India swingCMP 149 is on a support and also near by trend line support
bullish Rsi divergence is present
Macd crossover is there
signal candle is not present.
T1=160
T2=174
T3=200
Stop loss= 142
COAL INDIA KEEP AN EYEA very good opportunity to take a long position. Coal India is near trendline Support.
Coal India showing Ross Hook patternCoal India showing Ross Hook pattern :
Reasons/Traits :
• Ross Hook Pattern formation can be seen
• It can also be called as Bear Pattern 1-2-3 (Entry stop loss marked); 1:2/3/4 can used as risk reward if it follows
• Price took support @ 0.5 fib retracements levels
• Volume and RSI decreasing
• Bullish Bat formation taking place (not confirmed yet)
What can happen next :
Scenario 1 : Price sustaining above 185 level can take it to 192/200/205/210/220 levels
Scenario 2 : Price break down below 177 levels can take it down to 170/164/160/152 levels
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
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Coal IndiaSwing Trade Buy Coal India Cmp - 152 , Tgt - 200 , SL - 135 ; And More Analysis Follow Me And Like And Share
COAL INDIA CUP & HANDLE on 1 Month Time frame Can buy Coal India for minimum 6 months for target around 250
Coal India - bullishInside bar for 3 days
In a range for quite a some time now
resting at a very strong support area of 149-163
If accumulates more can show a uptrend again for 200+ levels
Any close below 149 will negate the view
COALINDIA - Medium Term ViewMy Wave count on COALINDIA for Medium Term.
Disclaimer: Only for Educational purposes.
Coal indiaCoal india
By above 155.20
Target 156.45,157.70,158.20
Downside breaks below 154.20
Target 153.70,152,150
Keep Coal India in watchlistDo keep coal india in your watchlist , reversal pattern in formation currently, W pattern is in formation at the moment in daily chart
Coal india - buyBuy from 150 to 147.5
easy tg - 156
tg2 - 160
Disclaimer : This is my personal analysis for study purpose not intended for trading
NSE:COALINDIA bouncing from supportNSE:COALINDIA
#NSE:COALINDIA bouncing from support, Post confirmation may try 150CE
By any chance market swing reverses, may try the same PE only post confirmation !!
Long Coal IndiaCoal India
Cmp - 155
Stop - Nil, Add more on relevant dips
Expectation -
T1 -200
T2 - Open, Review at 200
Expected Holding Period - 3 months or earlier for T1
Technicals - ✅, right
Fundamentals - ✅, will follow price
View:- Swing/Investment
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Coal india turning back coal india looking good to go long position as its taking a turn around from a buying zone
Coal india short term for buyTrade based:
* Day tf retracement
* Hr tf trend line broken based on Day tf support.
NEAR SUPPORT / Double Bottom
Near 200ema support
Previous resistance breakout LEVEL
160 levels strong support
QTY based on 1000 RISK / TRADE
STRATEGY: RETEST - COAL INDIACOAL INDIA broke key level 163.45. It perfectly retested this level.
Buy @169.2
Stop loss @161 (-5.28%)
Target @193 (~+14%)
