COAL INDIA BRAKEOUT ON DAILY CHARTNSE:COALINDIA
COAL INDIA Brake out on Daily chart .
Buy Near 280-285
Sl 250
Target 535,575+
Time duration 15-20 days
Risk Reward Ratio ---- 1 : 1.50
Profit on capital Ratio ---- 18%
Coalindiaview
COALINDIA CREATE CUP AND HANDLE PATTERNNSE:COALINDIA
Coal India create Cup and Handle Pattern on daily chart.
It's a good time to make a entry in this branded stock.
Buy price 480
SL 455
Target 535-545
COALINDIA--Head & Shoulders??Head and shoulders pattern is identified in this stock.
we have a chance of right shoulder formation.keep safe in this area.
price is now near to Neckline.
on bottom we have a strong support lies at 416 levels,
if price breaks neckline we have a support lies at 416.
keep in long side from support levels,
if neckline failed to push the price downside we have a continuation from this support levels, upside.
COALINDIA--Bearish gap be filled @246??COALINDIA Observations:
----->The previous resistance level of 234 is once again proving to be a hindrance, although buyers have managed to push the price up.
It's advisable to stay in a long position until the price drops below 225.
If you're looking to invest, consider going long with target prices set at 240 and 246.
As we are currently in an uptrend, it's expected that the resistance at 234 will soon be broken.
Coal India shortCoal India formed a bearish sign in channel pattern in Day chart. Use it wisely for your trade
COALINDIA looks good for long at 221 for targets of 269-349-447Stock on weekly chart is making higher high & higher low since last 2 years. Now it's trading at 52 week high as well as 2 years high. Seems a good buying zone to me for long term. Swing traders may avoid as it may take more than 2 years also for the final target of 447. Looks good for buying at CMP 221.65 for Targets of 269-315-369-447. Positional traders may book partial profits at mentioned levels, Investors may hold for final target.
Coal India Breakout Coal india is breakout candidate
Buy and hold above 160.
Potential target 180.
Use 155 as stop loss.
COALINDIA - Long term investmentCoal India could be entering the stage from where returns could be huge in the long run.
Kindly stick to entry levels.
Stop loss and Profit can be decided by yourself.
