COALINDIA: 4 Year Cup Handle BreakoutCOALINDIA has given breakout of 4 year cup and handle and sustaining breakout. High volume and RSI
COALINDIA trade ideas
coal India LongBreak-out with high volumes in weekly time frames, good to hold for long term.
*only for educational purpose
coal india long price moving up from confluence of EMA
price >3>6>18 >50>200 day EMA
200 day EMA tested as support multiple times and holding
low risk entry
taget and SL marked
COALINDIAFalling wedge breakout in Coal India on monthly time frame - can do 270+ easily in coming months
Coal India Head and Shoulder pattern Buy PE of 230 at the current price. With Strict stoploss .
Will give good short-term profit. The price is leaning down on 200 MA.
Looks like a good correction ahead of earnings and dividends.
COAL India- Breakout Opportunity after yearsHello Traders,
Sharing the weekly chart of Coal India, there is a breakout happening from an important resistance zone in the stock & also a cup-n-handle pattern is being formed in the chart from which the stock has given a good breakout with heavy volumes.
The stock has moved in good strength this week one can make an entry at this point also but a retracement entry will be much better.
SL Price- 220
Target Price 1- 380
Target Price 2- 420
It's a weekly timeframe so it may take some time to achieve targets.
Disclaimer- Please do your own analysis before entering into any trade.
Best regards Happy Trading- Harshit.
PERFECT BOUNCE After a decent correction from recent swing highs this PSU Giant is looking into cool down process after a super run and giving perfect example of bouncing from it's strong support zone of 209 levels which earlier was a resistance for it and giving an example too of if price is trading above on certain levels and that certain levels was resistance earlier that levels become a support so we can expect the target of 230 and 238 zones too because it is looking a Gap area zone is standing on 238 levels so as we know in first attempt is very tough to make a crossover of gap area by any stock so if it will manage to make a cross of it's gap area zone we can see 256 levels again in this stock.
Stop loss- Must be a day candle close below on mentioned support.
NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk
COAL INDIA LONG TERM INVESTMENTWeekly Cup and Handle break out and very small Handle break out
Very nice structure and will get very nice returns but it is LONG TERM INVESTMENT scrip
Very much Thankful to ASTA
Capitalizing on Coal India's PotentialAre you on the lookout for a compelling investment opportunity? Let's explore a well-considered plan targeting Coal India, a significant player in the coal industry.
Entry Level & Stop Loss:
- Entry Level: ₹240
- Stop Loss: ₹235
Price Targets:
1. Target: ₹243
2. Target: ₹247
3. Target: ₹265+ (seeking potentially higher gains)
Why Coal India?
Coal India, a key contributor to India's energy landscape, is under our radar. Our strategic analysis has identified potential growth factors, making this an attractive candidate for short-to-medium-term gains.
Technical Analysis:
Support Levels: We're entering at ₹240, backed by strong support. This minimizes downside risk, with a well-defined stop loss at ₹235.
Resistance Break: Our targets are aligned with key resistance levels, indicating potential breakout opportunities as the stock gains momentum.
Fundamental Strengths:
Positive Earnings: Coal India's positive earnings per share (EPS) underscore its profitability.
Robust Profit Margin: With a net profit margin exceeding 10%, Coal India demonstrates efficient conversion of revenue into profit.
Strong Dividend Yield: A dividend yield of over 2% offers potential income alongside capital appreciation.
Risks & Considerations:
As with any investment, there are inherent risks. Be sure to conduct thorough research, monitor market trends, and stay informed.
Join the Journey:
Stay tuned as we track this investment endeavor on TradingView. Remember, prudent investing requires diligence and informed decisions.
Disclaimer: This analysis is for educational purposes and not financial advice. Trade responsibly and consider your risk tolerance.
#InvestmentIdea #Tradingview
COALINDIA - Bullish Swing ReversalNSE: COALINDIA is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
COALINDIA - Long Term TargetsCOAL India is steadily moving along trend line and price is increasing along with 55W RS gaining strength. On chart I have tried to measure yearly cycles along with possible entry points which are below current price and possible targets it could achieve within this and next year.
Double bottom pattern Coalindia ChartHello Friends,
this is quick entry and exit trade.
coalindia chart has taken support twice at 230 now it looks strong and coming bulls to pull it up.
It may quick chance to get in for today only or tomorrow.
Its making double bottom patten which will once touch 240-245
Review and Take position on your own risk.
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Thank you
Big Bull Coal India ready to move like rocketToday is result of Q1 2023. It was little bit down and therefor seen fall 3-5 point. But if we point other target on #coalindia, there are many events coming soon in futures so it will going to be one of best stock for return.
Today's fall will recover still 18th august 2023.
Holding this stocks for break out for this month. and lets see what we get.
Coal India on Heat...📈⚡️Head and Shoulder pattern has been formed on Coal India Break above 236.70 can lead to a bullish move.
TP1 - 242.60
TP2 - 245
coal indiaall time chart of coal India
looking good at monthly chart
can give breakout
its only view
CoalIndia Discount Price for Dividend Hello Friends,
As we can see there was good rise yesterday 10+ points but today it complete market down.
I think its good time to re-enter if not already. because some reason market is on down but it will be bounce back tomorrow with all stocks.
So may be this is the time to take entry in coalindia because after few days it will give dividend so buying will done in this week till divined date.
According to my point of view today is time to buy coal india with discount price.
- key point looks like there is some big position is build on price @230-238 on yesterday high.
Lets see what it say upto next week and review it on your own and put your point of view.
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Coal india- breakout of pennant flag pattern Coal india-
breakout of pennant flag pattern on hourly chart with good volume & marubozu candle.. Rsi, rs, adx & + dmi showing very bullishness.
Buy above 241.50
Sl 238
Tgt 245-250-254
Coal India seems good for BUYINGThe stock is breaking trend lines on higher timeframe as well as lower time frame
Also after breakout it has retraced upto the golden zone
*** Sorry for an error its 20 weekly SMA ***
NSE:COALINDIA
coal india above 200dma can go to 300++after years of down trend back to uptrend can hold as long as above 200 daily ma
if you want to follow trend
even ppfas fund also buying
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
COALINDIA forming Cup and HandleCoalindia is forming a clear cup and handle pattern in the weekly charts. Waiting for the breakout of resistance (handle)
NB:- personal view and only for educational purposes
