Hi friends,
Coal India is again in uptrend. One can look at the 480 CE OPTION of Coal India for the month of Expiry . According to my Break Out study the Stock can Trade above 500 .
Thanks
Not SEBI REGISTERED but Authorised Person NSE
Cup and Handle Pattern, Breakout Entry Days candle should close above 191
Holding Period: Long Term
Entry Above: 191
Stop Loss: 139
Target 1: 238.50
Target 2: 278.50
Hi Everyone! I hope you all are fine.
Today I have brought an interesting Price Action case study of Coal India.
Although the chart is self-explanatory, I will mention some key points.
1 . Always watch Support and Resistance—the basics of Price Action.
2. If the price goes too far away from the moving average(in either direction), be cautious, as sooner it will...
disclaimer - this is not a buy or sell adivse this is just my view
coal India has shown an multiyear breakout
stoploss- 440
target 650 ( fibanacci target)
#COALINDIA trading above Resistance of 447
Next Resistance is at 655
Support is at 318
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational...
#COALINDIA trading above Resistance of 374
Next Resistance is at 447
Support is at 278
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
Technical Analysis Report: Coal India - Week of January 23, 2024
📊 Overview
Stock Name: NSE:COALINDIA
📈 Technical Indicators Analysis
Parabolic SAR (Stop and Reverse):
🟢 Buy Signal Detected at ₹367.75
🚀 Indicates potential upward price movement
EMA (Exponential Moving Average) & MA (Moving Average) Crossover:
🔄 Crossover Event nearing and then...
On Weekly Basis Coal India is making Rounding bottom and on daily basis making Series of Pole and flag Pattern.
Coal India May be dark Horse in coming time.
Since many week it is consolidating near 210-211 zone.
Breakout will be confirmed After weekly closing 268 but for Investment can be good bet now with SL of 210 on closing basis.
After break out we may get...
Forming Rounding Pattern , Almost ready to break the resistance , Volume is looking good
MACD Line crossing Signal Line and above central line.
Everything looks positive on the weekly chart. The stock can go till 300 levels from here.
Coal india 360 is best support here. wait for retest this level. After retesting should find bullish pattern and positive candle signal. Price can reach to 440.
Coal India's upward moment is possible if sustains above 385 good for swing and positional trades
With Stop Loss at 379 or 377
for Targets of 388,392, and 400+
Note: If any trade or value has gone from the place we decided to enter then thats not our trade. Wait for it to come back or let it go
I am not sebi registered this is my personal view
