1. Breakout from H & S Pattern 2. RS is trending positive with respect to Nifty and Bank Nifty 3. Conservative Target is 400. Disclaimer: This is only for education purpose and it is not a buy recommendation.
Refer the chart for the details 1. Coal India is breaking cup and handle pattern. 2. This was long cup of 2 years duration. 3. Target is 260 which is very conservative. Disclaimer: This is only for education purpose and it is not a buy recommendation.