COALINDIA trade ideas
Coal India: Short term to Mid term bullishAll indicator are positive in daily chart Price above Ichimoku cloud, Conversion line, and lagging span also above the cloud. CMP above all moving averages. Daily MACD cut on positive side, Weekly MACD cut finished buy not yet price shoot up. Upcoming weeks may expect the upward side. These parameters may help to reach the targets. In monthly chart, indicators are loosing the strength on bearish side and slowly turning to positive side.
Vijayaraghavan.K,
Kovilpatti, Tuticorin Dist.
COAL INDIA SEEMS LIKE BREAKOUT PERFECT FOR SWINGCOALINDIA is trading near strong weekly resistance levels. Attempting to break out if suceed Can give good up move . Also forming an complex head and soulder pattern . Keep a watch on this one TARGET - 209 , SL -139
COAL INDIACup and handle pattern formation. Look for buying opportunities once it crosses 155 levels with good volumes. Target 1 - 166 , Target 2- 179. Positional trade.
Buy COALINDaccording to the chart anylasis cola India make roundind bottom chart pattern so that we can say buy between coal India 152 to 155 and making short term target 180 to 185!!
COAL INDIA Cup with handle pattern in coal india. keep proper sl and position according to your capital.
Coal India Cup & Handle Formation in ProcessCup & Handle is a bullish pattern in which once the handle formation is confirmed, the further upside similar as the size of Cup is possible.
Buy Coal India at 148
SL 132
Target 180
Duration 2-3 Months
Coal India - Cup & Handle pattern + Volume expansionKey Highlights:
1. Bullish market structure - HH, HL
2. Volume expansion
3. Forming Cup & Handle on Daily
4. Forming Inverse Head & Shoulders on Weekly
5. Approaching major resistance zone 155-160
6. Flipped the 145 zone into support
7. Close above 160 will trigger a rally to 180
8. Target: 170, 179, 188. Stop Loss: 144
I have made an illustration on the left-hand side, to explain the Cup & Handle pattern.
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
1H Chart COALINDIA , LONGVery good stock for swing trading
place your orders above trendline and enjoy your profits
thanks and keep sharing your views
Following Upper trend The coal india has crossed the trend line soon it will be a huge blast to gain effective.
Coal India - I see potential of 180 🔰 MY thought process :
⭐I see two channels as drawn
⭐Also, I see that its on that ide of both channels where confluence can be seen taking support from one channel and resistance from other
⭐Seems like a bullish pattern to me
⭐risk is small if it breaks on the channels for uptrend = exit
⭐Target = hold till it touches the line that is at the top near 180 !!
🔰Am I taking this trade now:
Already in it :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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[Swing] Cup and Handle breakout Coal India depicts a cup and handle breakout pattern in daily time frame.
Disclaimer: This is meant only for education and also to track my own progress in learning TA. I neither recommend nor suggest anyone to take this trade.
15 min chart COAL INDIA,Moving in same direction as predefinedfew days back I've suggest to buy coal India and marked profitbooking zone and stop loss level
now exactly same is happening
for more follow and like that motivates me daily
THANKS AND KEEP LEARNING
Coal India, Forming a Cup & HandleCoal Inda Limited, Chart analysis shows a formation of Cup & Handle, which may test a target of 190.
Coal India breakdownI am holding on to my slightly bearish view of this stock. As per my earlier predications coal India has consolidated just fine.
Moving on there will be a break down or break out. My view is slightly bearish. But this time there is a very strong support at 140 level.
So incase of a breakout this month, we can see see the stock rallying upto 170
Keep a watch at breakout at 150 -152 level if broken we can see a good rally which has been due since longest amount of time.
For safe trader can sell 170 ce with a strict stop loss or a hedge.
Coal India 1D This is just for education purpose.
Long on Coal India for short to medium term.
If it breaks out with good volume, can reach to 180 levels.
Coal India flag pattern , can longA flag chart pattern is formed when the market consolidates in a narrow range after a sharp move. Usually a breakout from the flag is in the form of continuation of the prior trend. Flags give very high risk reward ratio which means relatively small risk and high and quick profits. Remember there is always a risk.
Here breakdown can happen in up side to continue the uptrend.
It is in one day (1D) chart so , there is highrisk
Any suggession......
