COALINDIA - Watch out for resistance break outKeep this stock in radar
Can provide big move once crosses 212 levels
COALINDIA trade ideas
COAL INDIAI see an ending diagonal pattern appear in the 5th wave. The reversal in the ending diagonal pattern is very swift. very good opportunity for shorting.
Triangle Pattern brokenCoal india has broken the triangle pattern, it is good buy around marked demand area for the given target with below level as stop loss.
Let's see...
My view on COALINDIACoalindia giving trendline breakout.It is looking good above 203.80.If it give closing above 202-203 looking very short term target 207-210-212++.Also keeping on radar COALINDIA 205 CE.
watching COALINDIACOALINDIA is at a interesting point atm. will be watching and looking to short if it breaks the resistance point
COAL INDIA WAVE ANALYSISCOAL INDIA getting ready for a big upside,3rd wave of 3rd wave likely to start soon.DISCLAIMER:This is my view if price patterns change i will also change my view
COALINDIA buy for intraday tradingCOALINDIA buy for intraday trading if stock and NIFTY also strong then we will enter in trade.....
Coal India Swing Trade✌️Cup and Handle on weekly chart. Buy above 197~200. All levels mentioned on Chart. Cheers
Coal India - Trend reversalOne of the most hated stocks since its IPO as it has only fallen. I have been bullish on this stock since lower levels coz of the world unrest and coal shortages spiking up e-acution premiums for this company. The KEY trend reversal will come when govt increases FSA prices which Coal India has been demanding since over a year now coz its wages and RM costs have gone up. They have been at peak production from their side so they are doing everthing in the power to give out strong financial numbers in a market with tons of tailwinds for them.
Technically after AGES the stock has crossed above the 200WEMA. Now its almost at the AVWAP of this entire downmove. If it can cross this also which has been a BIG resistance since the start of this downmove we could see a complete trend reversal in this company.
Long above 198 with SL below the 200WEMA which is 185.
COALINDIA sell for intraday tradingCOALINDIA sell for intraday trading if stock and energy sector also weak then we will short the stock......
Buy Long- Coal India at 191 for target of 250 SL-187Broken NSE:COALINDIA Cup & Handle formation. expected returns 30% in Approx. 39 Days
Coal india possible price targets227/241 short term target.
On crossing on closing base @ 241
New bull territory 241 to target 342 &391
Estimated time frame
210 days to 270 days. Views for education purpose.
for long coalindia it makes cup and handle pattern in day time frame
when it breaks that pattern take trade for long
COAL - BULLS THERMA-L ENERGYCoal has been on the first globally and locally. This has repeatedly made higher highs and lower lows. The basing is now more or less around the 175-180 handle now around 186. We have long term basing (rounding bottom) and we are currently eroding the neck line of bullish HnS pattern. Also the 200 DMA has been penetrated around 159. By any standards this place would be the best performer for at an year. For the investment buy here and any dips 175-178 stops 168 for part profit 225 and balance 260 (IPO Price was 240). Extended targets move towards the magical 300.
coalindia Buy for intrday tradingcoalindia Buy for intraday trading if stock break the resistence level........
Coalindia buy for intraday tradingCoalindia buy for intraday trading if stock take a support at trendline then we will buy the stock.......
Coal India BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Coal India - resting before achieving the past gloryAssumption - Market does not repeat a 2008 crash.
Right now price is in a range (152 - 140 INR).
if the zone is sustained price will shoot to achieve its target of 191 INR in short to mid term.
if the accumulation zone is not sustained... the Price is likely to visit the 120 INR zone.
COALINDIA ANALYSISCMP:181.00
Reasons To Trade: Uptrend followed by a long bearish pinbar candle on daily time frame and then a long bearish candle below the low of pinbar candle and can be a gap-filling trade
Support: 177.5
Downside Target: 170-172
coal indiaWith the ongoing Russia-Ukraine crisis, the overall commodity prices are witnessing spike, including crude oil and metals. In this regard, the European coal surged to historic highs as sanctions against Russia for its assault on Ukraine tightened the global market supply.
Hence, the benchmark thermal coal in Asia, which is the largest market for the fuel, soared 46 per cent to a record as concerns about disruption to supplies from Russia turbocharged concerns over tight energy markets, as per the Bloomberg report.
According to ICE Futures, Europe Futures for high-quality thermal coal loaded on ships at Newcastle port in Australia jumped to $446 a tonne on Wednesday, adding $140.55 in a single day and rising to the highest in data back to 2008.
During Q3FY22, Coal India had delivered a strong performance despite hurdles like heavy rainfall and the pandemic, impacting physical performance.
