COAL INDIA LTD
Long
Aktualisiert

Coalindia 9 years breakout & retest

Simple cup & handle pattern in coal india. It is sustaining the breakout. Target can be huge. Keep accumulating for steady move. It has 9 years breakout and retested. so the move will be powerful.

Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.

DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
Trade ist aktiv
Going good as per the study. Just started. Full active now.

Snapshot
Anmerkung
Heading towards the short term target of 540

Snapshot
Anmerkung
Short term price action.

Snapshot
Anmerkung
Good target.

Snapshot
Anmerkung
Above 542 good price action expected till 585-590. Be ready.

Snapshot
Anmerkung
Always bullish above 520. Should just hold that level.
Anmerkung
Coal india 480-490 accumulation zone only. Can go good from here. Trendline breakdown there but i feel this is still bullish only.

Snapshot
Anmerkung
400 is final support. Take a chance at this price.

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