Coal India Potential BreakoutCan See Further Upside if Price Cross Level of 165. One can take entry with a Small SL of 159
Market insights
Bullish COALINDIABuy = 146.3
SL = 141.93
Target 1 = 155.07
Target 2 = 159.41
Bullish COALINDIA Coal India
Buy for short term
COAL INDIAWe Think That It Is Facing Resistance Around 162 So We Are Planning To Short Sale Below 160 -155 . If Its Not Sustain At 155 Then Go Short Below 155 Again. As Well As If Its Go Above 165 Then Buy. Short Stop Loss Is 162 And Long Stop Loss Is 160.
COALINDIA Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
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There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
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coalindia . long above 151 .thare is a strong rasistance at 151 if its broken we can see a big move.
coal india Coalindia should give Trendline breakout above 147 -148.00
swing target - 156 SL- 145/144
Coalindia - Elliott wave analysis - ABC zigzag upIt is in corrective structure ABC up and should start the B wave soon down around 140 or lower before one more leg up higher as C.
Coal India forms Morning star on weekly charts# Coal India has taken support at a trend line and 50 wk avg line and formed a Morning Star pattern (reversal pattern)
# Formed a lower low
# 9 wk high volume
# Strong closing on Friday and week in spite of 3.5/- ex dividend this week.
# Fundamentally on growth side there is both price and volume uptick expected post monsoon on coal front, so the market should start pricing in better earnings and dividend in FY-22 and FY-23
# valuation wise the stock is trading at just 6 times FY22 EPS and a dividend yield of 9-10% whereas fixed deposits are earning 5% for 1 year
# The bull market is expected to pull the PSU stocks along as that section is very cheap compared to rest of the market. The narratives will follow.
Raising Wedge Trendline SupportCoalindia has taken support on Raising wedge trend line, its good buy around marked demand zone with bottom demand level as stop loss for the target given on the chart. Let's see
Happy Investing!
HPC Scanner Thank you Scott/Sr-AnalystThank you Scott and Sr Analyst Team for HPC Scanner. Helpful to scan patterns.
Hopefully Team includes Shark Pattern Scans and Chart linking functionalities in future revisions.
My View on COALINDIACoalindia should give Trendline breakout above 146.50-147.00
Intraday target 150-155++
we will use TSL from 142
COALINDIA analysisIt's in an uptrend, moving in a channel.
Based on my analysis, this will be a new high in about 180 days. I'm very much confident with this, but always remember to trade with a stop loss.
Coal India Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed based on fundamentals.
coalindia symmetrical triangleit will be interesting to see which side will it break , but currently it is at the lower trendline support
COAL INDIA AT SUPPORT ZONEwe mae see a good upword movement in coall India as it is at its support zone
Coalindia - Elliott wave analysis - ABC zigzag continue bearish cycle as 3rd of C down in ABC zigzag
Share your comments, if you are agree or not or having alternate view.
Price ActionTrend lines can be used to trade, if it closes beyond those trend lines trade can be taken respectively
Price ActionTrend lines can be used to trade, if it closes beyond those trend lines trade can be taken respectively
coal india compelling buyas per analysis elliot wave and fib ext we get a price trg of 239.80 approx. buy with a small stoploss of 5 rs once crosses 155 you will get a price of 180 and trg of 3rd wave comes to 240
Buy Coal IndiaBuy Coal India CMP 162 add near 155, Stoploss 142 Target 187
Study: Cup & Handle Breakout
Buy coal india for Target 160Buy coal india for Target 160 to 180 soon .
King of Dividend .
Sl -135.
Breakout in COAL INDIAAs you can see It given breakout towards downside.
Buy @145
Target 143
Expecting 1+% profit
