COALINDIA trade ideas
Coal India Trendline Broken Towards 175Weekly and Monthly Trendline Broken
Long towards 170
Can be added @140
SL Below 128
NSE:COALINDIA
Taking support from a trend line that was acting as resistanceCoal india can be seen taking support on the trend line that has been acting as resistance since MAY 2020. Keep an eye. Break out beyond 152 can be interesting for a long term run. Good to watch .
Coal India: Time to Watch: IndiaHappy New Year
By Sun Storm Investment Research
A Profit & Solutions Strategy
Disclaimer: I am not a financial advisor, so please do your own research before trading anything
Coal India - Still to cross 143-145 Resistance MarkCoal India has obviously broken the channel but still has to break the resistance mark of 143-145. Once that resistance is breached and with the good fundamentals of this stock, going Long will be a good idea. But still, it is good to wait till that 143-145 mark and study how the stock behaves after that.
Coalindia - Elliott wave analysis - Sell and Buy set up Coalindia is in corrective B wave down after A impulse wave finished up. Once B wave finished down, the C wave up will start the up move.
Coal India- CMP 136.25Coal India - CMP136.25 - Bullish - Taken support at 20EMA and reversed from 200EMA of 139. It has just below the lower end of channel. Above 137.6 it can go up to 140.85, 145.85, 152 and 168 with a sl of 130. This is for educational purpose only.
Coal India is bullish from the trend it is formingIf Coal India is able to take a good support @135 then many targets are open from here. There can be a reversal of the trend which is forming from the march. SL-131 and targets can be up to 150 in the near future.
Disclaimer: This is my view, please check with your analysis and invest in it. (Educational Purposes only)
Coal India- Bearish Trend (pull back possible)Coal India Buy @ 115 SL 109
Target 126,132
Coal India now at multi year low so trade with strict stop loss 109
Buy at 115, Book half at 126 & remaining at 132
still in bearish territory, but pull back to 50 or 61.8 % of last swing high possible
Potential reversal zone 132, to continue its bearish trend
Break of last swing high 145, good to enter for Long term Investment
very attractive valuation
For Aggressive trader, buy at 115 Stop loss 109
Coal India - Weekly/Daily Trendline BO with rounding bottomCoalindia is very interesting candidate, given breakout on weekly and daily trendline and forming a roundling bottom, need to break neckline for further upmove as its in daily supply zone. As per my experience it will retrace and test back broken trendline and demand zone ... Lets see how it react... Target on chart...
Coal India pick for Sare betCompany given robust results as compare to YoY yet not recovered much compared to pre- covid level. As we seen boom in PSU it seems even after running 30% from low coal India just started it's rally and have much more potential. One can buy for long term as well as besides coal mining it have great future diversification plans in renewable energy. GOLD @ COAL!
Channel Break out with Huge Volume SpikeChannel Break out with Huge Volume Spike
CMP 143.35
SL 130
TARGET 165 ,180
coal india--buywith increased volume and yield of 10% and in third wave trg 173, once crosses 143-150 range it will gallop to 173 ,236.265( 3rd wave targets)
COAL INDIA WEEKLY BREAKOUT... 141.20STOCK WEEKLY BREAKOUT 141.20
ABOVE 155 / 172 208 /228 IN NEXT 1 TO 9 WEEKS .....
COAL INDIA 2H CHARTCoal india Given Good Trendline Break-out,
And it Looks good Above 137,
Can show 169, and 180 Levels.
With SL of 2H candle Close below 136.
Desclaimer
These are just my views for education purpose only.
I am not any type of Advisor or tips provider.
Consult your Financial Advisor before investing or trading.
COALINDI'm not an expert I'm just sharing my views on COALIND for next trading day
I'm not responsible for any profit or loss this is not a recommendation
