COALINDIA trade ideas
Coal India : Classic Cup & Handle BreakoutLast Friday witnessed a classic C&H Breakout in Coal India. Could be good performer in short term . Further move may depends on the Earnings to be announced on Monday 14th...
Disclaimer : Above view are only for Educational Purpose.
Coal India - Bullish SignalCoal India had given a very good bullish signal and a breakout from the Cup and handle chart pattern
The Stop Loss for any conservative trader is 150
The Target is 187
After reaching our target, trail your stop loss to get maximum profit from the stock in a single trade
🔴DISCLAIMER
***** Its just for an educational purpose and so you must also follow your own technical analysis too ******
COALINDIAHigh risk reward trade
Entry - 160-165
SL - 152
Target 1 - 200
Target 2 - 270
For Educational Purpose
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Cup and Handle Formation in Coal IndiaCup and Handle formation, Recent breakout of its previous Highs with good volume Buy signal from stochasti divergence suggests go for long with target near 190 with stoploss 145 to 150
COAL INDIA LTDHI Guys can look in the chart in weekly chart it in downtrend and day time its a double top or bottom and with the technical indicator .And u have to one think just sell it
CoalIndia - Resistance breakWas expecting this move for a long time and because it was weekly time frame it took longer than anticipated but finally it happened. Trend line moving from the top will be the target for this break, again it may take more time.
COALINDIA COALINDIA (Daily):- 162.65 LOOKS GOOD FOR MORE UPSIDE :)
1) Daily Breakout :)
2) Textbook Pattern + Volume Spurts
coal india price target Chart is making cup and handle pattern in day chart and 1H chart.
MACD is also showing upward movement.
Target price for coal india is 180.
ITS TIME FOR COAL TO TURN 💎#52(GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. I have also posted my views on stocks which on the verge of breakout indraprastha gas, ubl , castrol, hindustan unilever, jindal steel, india bulls, dabur .
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Chal India cup and handle breakoutAs is clear, cup and handle neck line breakout with volume.
Can be bought at cmp for a target as mentioned in chart.
Coal India – Accumulation Phase almost completed, Ready for RUNCoal India – Accumulation Phase almost completed, Ready for a Bull Run.
Entry – CMP
Stop loss – 137.1
Target 1 – 288.5
Target 2 - 441
Duration - 4-5 years
Small resistance between 237.6 to 288.5
All numbers are *Weekly* based
Fundamentally, all numbers are too good, no issues at all and Co is cheaply valued too with 8% as Dividend Yield.
Technically, Accumulation has happened in last 10 months and Weekly breakout level can be above 155.5, Sustaining above this Level can give a good Run UP.
As per below Calculation, Public Holding in Coal India is around 5.45% and more or less Accumulation Phase of this stock is almost completed.
Around 959crs more will be required and there will be shortage of Coal India Stocks in market
Monthly avg volume : 336 (in mill)
Average Price last few months : 127 (rs)
months of Accumulation : 10
Value of Accumulation : 426720 (1*2*3)
converted millions to crs : 42672
Average Delivery % : 20%
Deliverable Qty : 8534.4 (5*6)
Market Cap on 11-05-2021 : 95,888
Deliverable Qty % : 8.90% (44415)
Assuming 50% of Deliverable Qty is Sold again : 4.45%
Public holding : 5.45%
Pending for Accumulation : -1.00% (`10-11)
Value Pending for Accumulation in CRs Rs : -959 (`12*8)
Last 2 days volume is worth 1720 crs so accumulation of 959crs worth of shares should not be a difficult task
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
ON VERGE OF MULTIYEAR BREAKOUT
Fresh #Breakout Candidate in daily & weekly timeframe
Cup & handle pattern in daily timeframe.
Looking good above 165 for 180 & 210+ Target in short term with SL below 145 on DCB
In weekly chart it is on verge of MULTIYEAR BREAKOUT
Coal India looks good for buyingBased on Cup & Handle pattern:
Coal India is good for buying after showing some retracement in the last couple of days.
Buy Coal India near 158-160 levels
Stoploss to be kept at 145
Target 185
Bullish breakoutThe stock has given a trendline BO and making cup and handle pattern. Above 165.2 looks good for 179
