COALINDIA trade ideas
Coal India forming Cup and Handle PatternCoal India forming cup and handle pattern , waiting for the break out , can be very bullish after the break out is seen
NOTE: This is for educational Purpose Only
Coal India | Huge breakout coming | See description for details🔰 Hello my friends, here is the story I see behind this stock:
⭐Fibo: On 0.3 healthy retracement
⭐Pattern: Flag and pole :)
⭐Volumes: Are ok if u see a jump in volume in 1hr that's a bonus
⭐Hold if it closes above the pink line on the D chart that would be a huge breakout :)
⭐Closing above 160 will give huge upside, the pattern will be updated with lvls then
⭐Trade will be activated on 1hr itself
⭐Risk: closing below 140 on 1hr = SL and Target = Well winners don't put targets :)
🔰Am I taking this trade: No---Reason: Already in the trades of Naukri and PPL as posted last time :)
🔰 {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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GoldenCross#CoalIndia after #VSABreakOut is declining with lower volume. Stock trading above all major moving averages and notices golden crossover on daily timeframe. Momentum indicators are in favor of bulls and stock looks good for a short term long with protection before the results. A possible candidate to give good dividends this time.
go long daily chartcoal india is taking a support from 60% while considering fibonocci , and also it shows a pole and flag
Coal India - Turning Around It has been observed on a weekly chart that the price action is forming a bullish "Inverse Head n Shoulder Pattern" indicating buyers coming back in the stock and shall turnaround stock to upside in coming weeks.
It is providing a good investment opportunity with holding time of 6m-1year.
T1- 250 SL 130
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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Also check the below related ideas for other stocks.
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.
