COALINDIA trade ideas
Coal India BreakoutCoal India has given multiple breakouts. We can see a trendline, falling channel, horizontal, inverted head and shoulder breakout on weekly charts. Weekly close above 145 can lead it to much higher levels. 1st target would be around 175 odd levels, second target 200 odd and final target of 225 odd levels can be seen. Negation below 123 weekly close.
COAL INDIAMulti-Time Resistance breakout possible, MACD Poositive. Still waiting for breakout. One should keep on radar.
COAL INDIA 1) WEEKLY CHART
2) RUNNING IN CHANNEL
3) GOOD VOLUME GENERATED
4) WILL KEEP AN EYE
5) NEXT RESISTANCE ARE DRAWN IF GAVE A BREAKOUT FROM CHANNEL IT WILL HELP TO EXIT
COAL India Looks Good !!!COALINDIA : cmp : 136.85
Making higher highs for 3 days.
On d verge of BO.Good support near 129 lvl.
TGT 139.9/143.55/145.9/149.1
SL 128.9 clbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
COAL INDIA : BullishWith the formation of inverse head and shoulder coal india looks good for medium term investment. One should buy the stock on current levels with SL of 135 for target of 175/200/210 . Sustained move and weekly closing above 155 will be a good sign for stock to get more strength.
coal india 1dAfter a bold move the stock has consolidated in a range for 3 days the upward journey will resume soon
Target are 143 and it has potential to hit all time high
Coal India monthly breakoutPositional call not for intraday trading.
Coal India near mega monthly breakout.
Target, stop loss depends upon your trading style.
Coal India - longCoal India has crossed previous week high. Todays close important.
Candle shunting till 145.
Live Challenging Signal BUY COAL INDIA @ 133.30Live Challenging Signal BUY COAL INDIA @ 133.30
Signal Specification
Pair: COAL INDIA
Entry Type: Buy
Entry: 133.20
Tp: 148.15
Sl: 130.60
R/R: 5.5
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1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
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Forex Tamil
Long coal India for target of 171 stop loss 123 cmp 136.5CMP 137
Stoploss 123
Target 171
Pattern ABCD presumed
Positional Buy for very good gains Coal India looking deadly positional buy . 2 signals gold cross of Kinko Hyo (Tenka nd Kijun also pointing upwards) and Chokouspan breakout have happened . Wave ii flat with exact 0.618 retrenchment for wave i has also happened . It has crossed 20/50/100 EMA and is resisted by on 200 EMA now . This seems to be a powerful setup. If one is aggressive ,buy after 200ema cross with SL at 129 or wait for Kumo breakout.
