COALINDIA WEEKLY TIMEFRAMECOALINDIA is ready to breakout after long time, his near to trendline and make a higher high, if close above 170 then a good rally expected....
COALINDIA trade ideas
Coal India LongAs you can see, Coal India has formed a Head and Shoulder Pattern toward the bullish side. If Coal India sustains above 147 and 148, it will easily touch 160 as its first Target within a short period of time.
Target triggeredHey, how was my analysis??
In just a few hours is triggered -3.50% After my post.
So, what's for next??
Can square off the position or wait for drop -2% more from there.
After that I will publish for next....
Coal India Short Term Sell 148-149... Overall Long term bullishMy short term view on Coal India on hourly chart. Overall its bullish from long term perspective..
Coal IndiaGLOBAL INFLATION - COMMODITIES - COAL PRICES - CHINA.
China can't get enough coal.
China’s coal industry has been hit by a spate of deadly accidents, and harsh safety crackdowns in their wake have limited domestic production.
Combined with strong demand on the country’s economic rebound, it’s pushed coal prices to record levels.
Coal India Long opportunities Long opportunities in coal india. Stock is trading in a weekly channel now. We can go long for a target of 200 with 152 as SL.
Coal India AnalysisShort for upcoming season of coal, it will retest and again of second time. May be 1 - 2 % retest at downside
Coal India Wait for breakout from the long term downward trend . Ascending channel pattern can be observed on the chart but we may experience difficulty to break the resistance expecting it will trade in the in ascending channel pattern only till it sustain above 180 once sustain above 180 level then it will be ready for good upside movement
BreakoutCoal india good break from crucial support from 132.75. CMP Is 161.05
Best discounted price to buy 154.45
Target 1: 168
Target 2: 181.55
Target 3: 189.95
COAL INDIATriangle pattern formation......weekly chart 165 there is a resistance above 165 can be good for short term trade
Coal India forming triple bottom in weekly chartCoal India forming triple bottom in weekly chart , this is very bullish pattern, first target is of 190
Note: This is only for educational purpose
COALINDIA pre-market intraday analysis and setup🎇Hello Traders👋
Today i have made a post on COALINDIA 15M
I hope you find this post helpful and informative👍
The targets and stoploss would be given in the charts or they would be according to pivot points
Thank You
—DISCLAIMER—
I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be considered as informative and helpful post
I shall not be responsible for your profits and losses
Coal India Breakout on Daily ChartCoal India gave Breakout on Chart
Coal India surpasses the resistance zone and gave a breakout
Coal India CHANNEL BREAKDOWNStop Loss = Rs.150
Target 1 = Rs.111
70% of the profit can be booked at Target 1.
Go longBuy above 155
SL 130
Target 205
Duration 3-4 Months
Fundamental Snapshot:
PE Ratio - 6.64
Debt Equity Ratio - 0.16
ROCE - 46.1%
ROE - 37%
Dividend Yield - 10.16%
Operating Profit & EPS - Rising YoY
lONGWHen the price come to the zone take the trade be peace full and don't over risk .... max risk is 1
WHen the price come to the zone take the trade be peace full and don't over risk .... max risk is 1
Coal India near trendlineCoal India weekly chart trend. Stock is near to the trendline, channel movement accumulated good volumes, Coal price to be increased by 10-12% (after 2018). Low intrinsic value, High dividend payout.
COAL INDIA : WYCKOFF ACCUMULATION STRUCTURE ANALYSISStudy of wyckoff accumulation analysis . coal india creates nice structure itself . investment now is subject to market activity .
COAL INDIA Forming pattern coal forming pattern also run inside channel from long time. on up side their is small resistance. after breakout of resistance expecting a pullback on that area or it can also gone more down for take support from green line so keep in watch
