#hindzinc #vedl #hindcopper #coalindia #xauusd #xagusd #steel #HINDZINC
NSE:HINDZINC
NSE:HINDZINC
HINDZINC
CMP 304
Target 390+
SL 285
TF < 6 months
RR > 4
Return 30%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
COALINDIA
Better days for Coal India ahead!This stock is often overlooked
It is a part of Nifty-50, and major weightage in Nifty-Metal Index as well.
It seems it is time that we get our eyes on this counter again
The line drawn in the chart is a regression line for Coal India. It is downward sloping currently.
But notice that price has closed above the regression line on the weekly charts.
If we see the last 4 candles on weekly charts, we observe this:-
- All four are green candles
- Body-size of candles in increasing (getting larger and larger)
Bollinger band expansion bodes well for the stock in the near term.
Volume: If we see the past 2&1/2 -3 years volumes, they have been much higher as compared to the periods prior to 2018
Another way to convey this volume strength is that "long-term volume averages are at/around lifetime highs"
Recent Coal Shortages, elevated coal prices, prevailing inflationary trends are also tailwinds for the stock
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ABOVE VIEWS ARE PERSONAL. PLEASE CONSULT YOUR FINANCIAL ADVISORS BEFORE INVESTING
I AM NOT A SEBI REGISTERED ADVISOR
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COALINDIA LONG-TERM VIEWToday COAL INDIA closed over 200-day EMA backed by a high volume trading.
Also breaks the downward weekly trend-line followed from August 2015 on a daily basis. If it stays above the trend-line for this week, we can go long for couple of weeks.
Next Support levels to watch:
Support 1 = 162.20
Support 2 = 172.80
Check out the link to my previous Swing trade idea for COALINDIA.
Happy Investing :)
Swing Trade Opportunity in COAL INDIABased on Daily Timeframe and Weekly Timeframe, there is a possible Swing Trade Opportunity in COAL INDIA. The targets can be approximately around 160 and 190.
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
30% up trade best ever low riskCoal is undervalued stock from last 1 year it is playing around 160
Last time it tried to break 200 but failed cup formation leads to lower circuit
But again coal india is ready for next cup formation
If long then 30 to 35% return with low risk appetite
Coal india is fundamentally strong stock but remains undervalued
Let's take advantage of that
Happy investing,
Samkit Jain
Don not sell a single share of coal before 300# Goldilocks situation has happened in Coal India
1. There is massive demand for coal due to global energy crisis emanating from china and prices shooting up. Similar situation in India.
2. Super low valuation with just next 5 year profit sufficient to cover the market value coal india is trading today. This can easily climb to 10 times as many many growth stocks are trading at next 40 years profit.
3. Because of ESG stupidity this stock has been totally dejected and now acutely under owned.
# the stock is trading at 60% discount from all time high of 450 level it touched in 2015.
# once the stock is run up and institutions have built position, the narrative of monopoly, essential commodity and several other logic will spread. So don't bail out institutions by selling your shares cheap. Coal India is expected to payout at least 80 rupees in dividend in next 5 years. so there is very little downside of holding this opportunity tight.
# but one should maintain the discipline of portfolio allocation and dont allocate to any opportunity beyond what one can digest.
Coal India - Not yet there. Wait & Watch out! Its getting thereCoal India Ltd.
Not a lot to say, but for those who are stuck at top.. don't loose hope.. Time is coming.
Wether it will start a new and and its first Bullish structure or just a corrective one, that time will tell. However one thing is for sure. It will reverse and rebound for sure.
COAL INDIA Stock to watchout ❗❗❗🛑 Coal India stock formed an falling channel pattern in monthly Time frame
🛑 Trying to breakout the channel
🛑 Volume is good above the 100 Day moving average volume
◽Now stock is trading at nearly 2 year high
◽ Shortage of power in China will rise the demand in energy sector's of India
🛑Stock to watchout
🎯 Short-term Traget 220
Do like and follow for more , have a nice day 😊
COALINDIA Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.