COAL INDIA LTDLong
Trendline retest in Coalindia
A long downtrend trendline is seen in weekly chart . Onces the trendline is broken stcok shows a good upward movement with 2 trendline. 1st one is aggressive but can't sustain so 2nd smooth trendline is necessary.
Initiat long position around 135.
Target : 145/150/160
Stoploss : with appropriate position size take 2% of your capital in Delivery and Future.
Above Ideas is only for Educational purposes , please consult your financial advisor before taking long position.
Initiat long position around 135.
Target : 145/150/160
Stoploss : with appropriate position size take 2% of your capital in Delivery and Future.
Above Ideas is only for Educational purposes , please consult your financial advisor before taking long position.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.