BUY COALINDIA ABOVE 145 SL 124 TGT 218coalindia is moving in channel since long time. and even govt is interested in selling psu stakes. looks very good breakout candidate on weekly charts . buy with stop loss .
COALINDIA trade ideas
Coal India - Inverted HNS on Weekly. Target 200Coal India consolidation is about to end soon and expected Targets are as follows
T1 - 155 (1-2 Months)
T2 - 170 (2-4 Months)
T3 - 185 (4-6 Months)
Final Target - 200 (6-10 Months max)
The beauty is that each target exactly has 15 Rs difference
Bullish Divergence spottedCan go long on this and pull back or breakout. Also Bullish divergence spotted in 15 min TF.
COALINDIA 15MNExpecting price to retest zone of pattern + RSI BELOW 70
BEARISH deep crab for SCALPING
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL
Coalindia - Elliott wave analysis - C wave upIt is in C wave up in ABC zigzag cycle. The 5th wave up of C will start soon. It is either completing C wave or 1st wave of C wave. We will know when it start correcting the move.
GO long in coal india RSI along with cup and handle pattern confirms the bullish movement expected in coming days/weeks.. study yourself and know the risk before investing
COALINDIA 1HRBullish Butterfly
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
COAL INDIA BUY above 127.4R:R 3:1
Stop Tartet on Chart
Positional.
FIB Retracement from Last high given 147 , time to re-enter the trade for anohter ride.
CoalIndia (LONG) NSE:COALINDIA
Technical analysis: Coal India Limited
I have also provided some support and resistance area in above chart.
Buy134.5 to 137
Target 1 - 150
Target 2 - 160
Stop Loss - 130
Friend please analyses before taking any action do not depend on my analyses its just for education purpose only and follow the proper risk management and also share your ideas in comment section. If you like my Ideas please hit the 👍 LIKE button and share some of your ideas in comment section.
Comment: Coal India Limited. Still in Trend-line so please keep eye on that.
Neutral At very imp support right now if this breaks 120 can b seen easily
Likely down movement tgt 120 may b in week if this level not sustained
Coalindia - Elliott wave analysis - ABC zigzag upIt is in flat abc correction as B wave in ABC zigzag move up. Buy once the B wave ends near 129-125 zone for C wave up. Need the confirmatory impulse up in 5 min time frame to take an entry.
Coal India - Uptrend continue CoalIndia is uptrend.
Couple of resistance levels as indicated - but if the momentum continoues - should see super strong growth on upside in very short period.
Add to watch list - trade as per market trend.
Coal India Inverse Head and shoulder FormationCoal india showing Inverse Head and shoulder , Can be bought for swing trade with TP:160
