COALINDIA trade ideas
Long Term BuyScript giving multiple signals by not crossing crucial 38-40 RSI levels.
Option Chain 130 String Support, May Close above 130 by Expiry.
All-Time Lowest value Strong Support around 120.
Trying to Break 50 Days EMA on a regular basis.
Coal India - HnSCoal india is forming inverted head and shoulders on daily chart, RSI trenline is also giving support. Enter only after neckline breakout for the given target. Targets on chart...
coAL INDIA TRADE SETUP
COAL INDIA SHOWING WEAKNESS AT 136.55
SHORT FOR TARGET OF T1- 128 T2- 124 ( TRIPLE BOTTOM FORMATION AT 136.55)
SL ABOVE 137
IF THE PRICE SUSTAINS ABOVE 136.55 GO LONG!
FOR TARGET OF T1- 140 T2- 145 ( LOOK FOR WEAKNESS/ STRENGTH NEAR THE YELLOW TRENDLINE ).
KEEP THE PRICE ACTION IN MIND AND TRADE ACCORDINGLY.
CoalIndia & ConvergingChannelSeems like coalindia has an immense love with narrow range. This is the 4th time it has been into the narrow channnel.
Reasons for long:
Converging channel repetition
RSI divergence.
Well, I will keep you posted on this if I take any trade.
COALINDIA SL 15 minCOALINDIA was continuously bearish in Weekly/DAILY
It was in between a tight demand and supply zone in daily . and recently formed an hourly demand and supply zone .
Stock was reacting from the hourly supply zone and looking at a very good structure demand zone in 15 in between hourly demand and supply zones, trade was planned. But since the stock was reacting from even though tested hourly supply zone, it SL my nice structured 15 min demans zone.
So dont place any trade in wrong direction, even though its nice structure.
#BULLISH CRAB COALINDIAidentified in Monthly time frame. in case its test PRZ and reverse from around 100 LEVEL D point then can it touch to 238 LEVEL?
triangle breakdown and a wolf wave formationthe wolf wave is not confirmed . this chart is just for study purpose
COAL INDIA LONG BIA FOR INTRAWEEKCOALINDIA is showing pretty good buy model for th eintra week trade
Coal IndiaCoal India is in range since March 2020. Break towards any side will give at least 10% return.
Disclaimer- All ideas and charts shared by me are strictly opinions shared for educational purpose. Please exercise own caution while dealing with live market. Also I am not a SEBI registered advisor.
NSE:COALINDIA | Intraday Short Sell - valid till 27 July 2020Intraday short opportunity on NSE:COALINDIA
Entry: 133.15
SL: 134.50
Target: 130.45
Valid till 27 July 2020
Don't carry forward the position to next day
coal india tech analysisthe markets are very volatile nowdays but still my calculations and analysis are with the markets.
my support and resistance are not changed.
but i see this stock, strong after 135.
it is facing solid resistance at the rate of 135.
after this stock crosses 135, we may see the stock at the rate of 140-143.
this is my calculation and analysis, if you have another thinking related the markets, i respect your way of thinking..
**i a, not sebi registered analyst**
Coal India making Symmetric triangle there are positive sentiment in stock, can buy it from demand zone for swing trade and target Dynamic resistance.
coal india tech analysiscoal india support 125, 120-19.
resistance 135, 140, 145
**i am not sebi registered analyst**
Coal India turning BLACK REDCoal India has been very bearish on Daily time frame and is not able to give price action movement of bullish nature. Thus a recent break of support line and testing its once it is now going to test it second time, though the prob. falls in the second time for retracement but still a price action confirmation can lead us for a short entry.
Coalindia bullishCoal India is trading in a channel and now showing upward movement though 130 is another critical level to watch. It's had closed above this level and in coming week if world market and nifty opens positive this could reach 145 - 150 level which are other resistance levels to watch and in my view this will break this time with stronger volumes.
Levels are given on chart.
Disclaimer: The above views are personal and its advise to take trade based on consulting your financial advisor or self risk.
