COALINDIA trade ideas
Gap up Support to be tested.Gap up zones likely to test support. If those zones not respected there will be a free fall.
COALINDIA || SYMMETRIC TRIANGLE PATTERN COALINDIA is forming symmetric triangle pattern, check for the breakout. Resistance is at 211.
#happy trading :)
CoAL INDIA Daily income trade. ShortPrice is moving in downwards range. Trend is also down, so, it is pure indicates that to go for short.
Sell Coal India 195 series call between 8 or 8.5Sell Coal India 195 series call between 8 or 8.5
Stop loss when price closes above 215 (cash level)
Target when option price becomes 2
COALINDIA Long Setup [Inraday]NSE:COALINDIA Long setup at 194.95 with SL at 192.95 and targets are mentioned on the chart.
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly.
COAL INDIA LONGCoal India long
PRICE HAVE ONCE ALREADY REVERSED ONCE.. ENTER LONG ONLY AT D
NEXT LEVEL OF SUPPORT AT 211
COAL India long above 223 Bullish cipher bat pattern seenCoal India is a buy above 223 and sell below 218 mostly bias is bullish because long build up seen in Futures
coal india bullish demand zone 242.If market provides opportunity to catch 242 or 243 is a good catch for 7 to 10% gain in another 2 months with Stop loss (SL) of 3%.
Delivery percentage of volume accumulation has been happening in the stock from 26 feb 2019
also recently there is been an increase in volume with higher delivery percentage
if the price closes above the resistance then can buy for short term target
