COALINDIA trade ideas
Coalindia - Elliott wave analysis - Sell and Buy set upCoalindia is in impulse wave and about to finish the 5th of 5th wave soon. It will start B wave down after completing A wave, which can be sell set up for quick trade. Notice the divergence before taking trade of sell set up. Once B wave finishes, the Buy set up will be there for C wave up within ABC zigzag move up from major low of 109.50.
Coal India Dividend harvesting analysisCoal India Dividend harvesting using a combination of Stock and single stock future.
One dividend announcement date (Let us call it POD, short for Position Open Date)
Buy 1 future lot worth of Stock on the date of dividend announcement
Sell 1 future lot on the date of dividend announcement.
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Be patient until the Ex-Dividend Date
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One day After Ex-Dividend Date Sell the stocks bought on POD & Buy the future back.
Profit loss from both the above positions should be nullified.
Enjoy the dividend in your bank account, that will be deposited by COALINDIA in a few days (Be sure to plan for taxes before you spend it all !!).
CoalIndia beautiful Cup and Handle patternCoal India has formed a textbook cup and handle pattern and has given a decent breakout watch for the retest buy .
buying seeing in COALINDIAThe channel giving a good support to buy
and in fibbonacci level taking support @ 0.763
cmp Above 1
Bullish In Coal IndiaDouble bottem pattern formed and also Retest neckline as a support. Coal india is a Best company for longterm investment. compared to your bank FD this stock is greater then that.
Probable down move in Coal India ? A nice head and shoulders formed in coalindia and now its consolidating near the neckline . Do keep a watch on it.
Coal India - Intraday / Swing Trade SetupCoal India CMP - 128.70
Looking bullish in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Buy at or Above ONLY 129.50 / Stop Loss 125.50
Target 1 - 131.50
Target 2 - 132.50
Target 3 – 133.50 / 135
Disclaimer: This is my view and for educational purpose only.
Potential Start of New temporary uptrend | 5R Opportunity..- Break of Long TL.
- Volumes Supporting
- Target on chart OR TSL with 20EMA (whatever hits first)
Cola India - Intraday / Swing Trade SetupCoal India – 114.90
Range breakout and looking bullish. One can go for Intraday / Swing trade with the following entry, exit & targets
Buy ONLY between 115.55 - 116 / Stop Loss 112
Target 1 - 118
Target 2 - 120
Target 3 – 124 / 130
Note: This is my view and for educational purpose only
