COALINDIA trade ideas
Coal India (Daily)Coal India Daily chart
Trendline breakout with massive volume
Triangle breakout
Volume spurt
Can target levels in black line
Sl breakout candle low
Coal India NSE:COALINDIA
The structure is quite bullish and could be accumulated for swing trading
target of 10 to 15 % could be kept
COALINDIA BULLISH MOMENTUM BREAKOUTThe stock is trading out its daily range with positive momentum and expected to break and test 494-517 level in future.
Coal India-Intraday analysis for 06.05.2024-BullishNSE:COALINDIA As per the reference analysis for 29th April for intraday(Coal India), (Attached link for the previous analysis), we couldn’t found any trades since market went into sideways for few days and finally stoploss has hit and good thing is later it has achieved target those who have taken 2nd entry for bullish signs.
Now with this yesterday breakout, stock found some momentum towards bullish side and successfully broken 2nd retest resistance level. One more important points is that resistance converted to support and retracement has also achieved by breaking previous swing highs.
Day TF: Inside candle broken and very good healthy green candle. Expected small consolidation before one more momentum
15 Min TF:
• Resistance converted to support
• Retracement has done
• 20, 50 & 200 EMA reacted well with price
• Previous LH has been broken in downrange range with a retest. This indicates downward trade has ended
• FVG has been successfully rejected.
• Volumes are considerably & uniformly high for whole day indicating strong movement expected
Risky Buy: Above 473.
Safe Buy: Above 480 with Consolidation breakout and expect big profits
Direct Gapup entry should be avoided
Get confirmation from any of the leading indicators before entering trade
Kindy comment below in case of any clarification required on this particular idea.
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Symmetrical triangle on COALINDIACOALINDIA formed a symmetrical triangle on daily chart and broke out of resistance with strong bullishness followed with huge volume spike. Looking the pattern formation, could see bears are weakening on every swing before breakout of resistance. Also note the low volume when price falls indicating sellers are not willing to let go at lower price. Prior runup to formation of the pattern also indicates bulls are out there to move the price. One could have stop loss just below breakout candle with potential target close the width of triangle. Risk reward is also favorable in this trade at 1:2.
Hope you liked this idea, if so please boost this idea so others could benefit or leave a comment on what you think. I'll be glad to hear from you. Otherwise happy trading :-)
lapu Star BreakoutA cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift.
The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks.
lapu star breakoutA cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift.
The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks.
Consolidation in COAL INDIA - Expect a 15% upmove post breakout COAL INDIA - is nearing its 52 week high with decreasing supply on a daily time frame with a consolidation from the past 100 days.
The company has seen an influx of institutional investing. Coal has also been a silent performer and will only increase with the dependency on the product.
Good for swing traders to be kept on watchlist. Look for volume gain above the 30w moving average on weekly time frame.
Can expect an upward momentum of a min of 25%.
Entry - On breakout - INR 455 and above.
SL - swing low of 3%
TSL - According to your risk profile.
Disclaimer: Please be advised that the information provided is not intended as financial advice. It is imperative to conduct thorough research before making any investment or trading decisions.
COAL INDIA rising wedges pattern breakdown coming soon. Coal India has been under a consolidation area for the past 2 trading days. If this stock breaks and sustains below this zone a short trade setup will activate.
It has formed a rising wedges pattern. Breakdown will lead to a short side move.
Entry: 445
Stoploss: 450
Target: 430, 417
Coal India Daily chartCoal India daily chart. Price under time correction in a triangle. Money flowing in the counter. Possible long trade on break and retest of trend line. Consult your financial advisor before taking any trades.
Bullish Flag pattern breakout in COALINDIACOAL INDIA LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 560+.
✅Can Go Long in this Stock by placing a stop loss below 412-.
Coal India at its Reversal need to accumulate Target 565Coal India need to accumulate at 415 for the Target of 565 time frame 1 year SL will be 395 good RR
coal india - can got for big fall after a short rise.. Can have short opportunity in coalindia after a small rise. the expected path is shown .. hope to
catch it on time.
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.
Take coal India for 50% UpsideTake entry 460 target 662 , Next average at 298 ,Coal India declared highest Q3 earnings. PSU stocks are already buzzing and it already break its life high also. So it will be ready to fire now.
Coal india Long callBased on the technical analysis of Coal India, the stock seems to be a promising good opportunity. It crossed a significant resistance level, indicating strong upward momentum, particularly notable due to the high or increased trading volume. This suggests good interest and potential bullish sentiment surrounding the stock.
Considering the technicals and the risk-to-reward ratio of 1:7, the trade appears to offer an attractive proposition. With a buy entry point around 460 and a stop loss at 430 for a target price of 630. This setup suggests a potential return of around 35 percent, which is quite Good.
It's crucial to emphasize that this is more of a positional trade rather than a short-term speculation. The call leans towards long-term investment, indicating confidence in the stock's performance over an extended period.
Coal india bullish breakoutCoal India a bullish breakout on the daily timeframe, signaling a potential uptrend. he stock's recent price action suggests a decisive move indicating increased buying interest.
COAL INDIA long setupCoal india, I am bullish and possibly next rejection will be 489 which is 6.14%
Lets wait and see
@CoalIndia Swing/short Term TradeNormal Trade
Entry Above : @ 392 After Breakout Day High of 25/01/2024
SL Below : @ 367
Targets : @ 405 , @ 428 .
If you want minimize risks After Entry put @SL at last Higher-Low(HL) or follow trend line as SL or Trailing-SL
Plz Note : This levels are only for Swing Trade & Disclaimer : All Information on this page is for educational purposes only , we are not SEBI Registered . Please consult a SEBI Registered financial advisor for your Financial matter before investing & taking any decision. We are not responsible for any profit/loss you made .
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Coal India Ltd - A Long Term Investment Overview - BuyAs per fundamental analysis along with technical indications of this stock, there is a long term investment opportunity is seen
You can buy as 409-410 or wait for a dip and pullback from the reversal zone.
Do your own research before investing in stocks as I am not SEBI registered person and this is not a financial advice to invest in this stock or other because this is my own personal opinion
Thanks for your support as always.
Will Coal India give 7% Returns ? cmp 381.75COAL INDIA cmp 381.75
Expects positive for Coal India after the news that the Company is mulling entering into the mining of critical minerals, including lithium
Strong fundamental and attractive dividend yield will be positive for Coal India
Buy COALINDIA with the target of 408
7.30% Upside Potential
