BUY AS A REVERSAL TRADEBUY COALINDIA
@183.5-184
SL 181.5
TARGET 187-190
PSUs Will Rule the roof In Coming period.
COALINDIA trade ideas
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... ready to RockBreak out from long time falling trend line resistance...keep stop loss for daily super trend...
Cup & Handle formation. Can see a cup and handle formation in Coal India,
Facing resistance @160-161 level, As per RSI it is presently in overbought condition, if it manages to break past first resistance..exect second resistance at 180 level. Long term target is 190-200.
This is my personal analysis and not a recommendation.
Kindly do your own analysis and then only invest.
Regards.
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 😊
Caol India longNSE:COALINDIA
Enter this stock once the monthly candle get closed above the trend line
Raising WedgStock Analysis: Coalindia has formed raising wedge pattern on weekly time frame, looks good buy around marked demand area or breaking above the supply zone with below demand level as stop loss for the target given on the chart for long term.
Let's see
Happy investing!
coal india long buycoal india giving breakout from ascending triangle buy at cmp sl 155.50
for education purpose Do your own research
Coal India Potential BreakoutCan See Further Upside if Price Cross Level of 165. One can take entry with a Small SL of 159
Bullish COALINDIABuy = 146.3
SL = 141.93
Target 1 = 155.07
Target 2 = 159.41
Bullish COALINDIA Coal India
Buy for short term
COAL INDIAWe Think That It Is Facing Resistance Around 162 So We Are Planning To Short Sale Below 160 -155 . If Its Not Sustain At 155 Then Go Short Below 155 Again. As Well As If Its Go Above 165 Then Buy. Short Stop Loss Is 162 And Long Stop Loss Is 160.
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.
coalindia . long above 151 .thare is a strong rasistance at 151 if its broken we can see a big move.
coal india Coalindia should give Trendline breakout above 147 -148.00
swing target - 156 SL- 145/144
Coalindia - Elliott wave analysis - ABC zigzag upIt is in corrective structure ABC up and should start the B wave soon down around 140 or lower before one more leg up higher as C.
Coal India forms Morning star on weekly charts# Coal India has taken support at a trend line and 50 wk avg line and formed a Morning Star pattern (reversal pattern)
# Formed a lower low
# 9 wk high volume
# Strong closing on Friday and week in spite of 3.5/- ex dividend this week.
# Fundamentally on growth side there is both price and volume uptick expected post monsoon on coal front, so the market should start pricing in better earnings and dividend in FY-22 and FY-23
# valuation wise the stock is trading at just 6 times FY22 EPS and a dividend yield of 9-10% whereas fixed deposits are earning 5% for 1 year
# The bull market is expected to pull the PSU stocks along as that section is very cheap compared to rest of the market. The narratives will follow.
Raising Wedge Trendline SupportCoalindia has taken support on Raising wedge trend line, its good buy around marked demand zone with bottom demand level as stop loss for the target given on the chart. Let's see
Happy Investing!
HPC Scanner Thank you Scott/Sr-AnalystThank you Scott and Sr Analyst Team for HPC Scanner. Helpful to scan patterns.
Hopefully Team includes Shark Pattern Scans and Chart linking functionalities in future revisions.
My View on COALINDIACoalindia should give Trendline breakout above 146.50-147.00
Intraday target 150-155++
we will use TSL from 142
COALINDIA analysisIt's in an uptrend, moving in a channel.
Based on my analysis, this will be a new high in about 180 days. I'm very much confident with this, but always remember to trade with a stop loss.
Coal India Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed based on fundamentals.
coalindia symmetrical triangleit will be interesting to see which side will it break , but currently it is at the lower trendline support
