There is a strong resistance at 550 and stock has now given a breakout . The stock was in a channel from 2018 to 2024 and now the channel is broken that too with a MA golden cross-over. Can wait for the confirmation and retest . For educational purposes only
Coalindia 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
*Stock has clearly made a symmetrical triangle pattern in weekly chart * Golden crossover happened in daily chart Looking good for swing trades