COALINDIA trade ideas
COAL structural shiftCOAL has changed its structure from L-H-L-L to H-H-H-L after 5 long years. It has also been spending good time near the trendline that it has been respecting since the last 5 years. There's also Penant formation on daily charts whose breakout can consequently give us multi-year breakout.
Coal India | Both side tradable Well if u see the big picture then it's like a good move then a correction = Still bullish and if gives a breakout above the near high = a possible trade according to your risk system :)
Also, we can see an amazing head and shoulder move + a downside flag too + bearish too :)
Coal India Bullish Long TermCoal India is looking bullish on Charts. On breakout above these levels will lead to a good rally till 190... Enjoy and have fun.
Let me know if you have any queries and i would love to answer them.
COALINDIA Analysis- Buy And Sell LevelsHere is just an update for coalindia . Both buy and sell levels are given. Follow Chart. Earlier I gave only sell levels.
In Buy side we are just trying to take early entry on the basis of ripple.In weekly time frame it is strong and if it crosses 165 it will go to 190.
So, Build your positions accordingly.
See the below chart shared earlier. Both buy and sell levels are valid. Use alerts for entry.
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
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Coal India - BuyAt low risk High reward area
Proper pullback done from the Highs
Stock in to Volatility Contraction Pattern
Sl can be below 145 Areas
Tgt can be 162 / 180
A Nice Triangle Pattern in COAL INDIAA Nice Triangle Pattern in COAL INDIA . Tomorrow might be important day for this stock.
COAL INDIA-Head Shoulder formationCOAL INDIA-Head Shoulder formation
All studies explained in the chart.
➣ Promising chart.Can see Inverted Head Shoulder pattern in the chart.anytime BO. Breakout above the neckline .
➣ Fundamentally good company.
study guys🙏
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COALINDIA Ready For A Small CorrectionCOALINDIA
Short Below 144
SL 149.5
Target 138.75 135
COALINDIA has shot up 30% recently . Now the stock is ready for a small correction. So, Coalindia can be shorted from the above levels. Otherwise We will long above 165 for the target of 190.
Consolidation part (3)A bit of a scare last trading session of coal India reaching out to break it's new high. But the stock broke down today.
My view is still the same- There will be consolidation and the stock will give a closing at around 140 rs. ( That will be a great opportunity to buy so doo look for it)
I doubt upper levels are going to breached this month. We have 5 more trading sessions left. Play safe boys.
COALINDIA SYMMETRICAL TRIANGLEFormation of symmetrical triangle wait for breakout and trade according to that
Inverse Head and Shoulders Breakout in Coal India possibleDay chart of Coal India is forming an Inverse Head and Shoulder Pattern. One can go long when the price breaks the neckline of the pattern with a good volume and confirmation.
coal india positional trade.This analysis is based pure on data and not on any price action.this gives more accurate results as it is less prone to manipulation . technical traders gets into trap of candle patterns and moving averages, RSI etc.
CoalIndia Fast movement ExpectedStrong volume built-up.. confirm breakout in this time and tuch in 270...
