Market insights
Coal India showing Divergence @ current levelsCoal India can bounce from the demand zone , One can try accumulating it
COALINDIA: Wedge breakout for buy on daily chartsSeems to be bullish as wedge broke out with higher volumes. Expecting the target around 142. Better buy would be around 131.5 thats recent high before breakout and stop loss would be 128.3.
Experts opinion on this is welcomed. Trade at your own risk. Donate as part of appreciation. :) Thank You.
R-0184 Intraday Cash Buy COALINDIA @141.20-142.20 Intraday Cash Buy COALINDIA @141.20-142.20 SL 139.7 TGT 146
Above VWAP + TK cross over + MACD cross over + cloud break out
coal India Daily nice supply 141.3-142.6coal India Daily nice supply 141.3-142.6
Pro:
1. 2 exciting candle in location(daily)
2.2 exciting candle in 15 min
con:
1. result date volatility and the stock seems to change its momentum towads up for last 3-4 days
2.left there were few trading activity in execution time frame 15 min
COALINDIA AWAITING FRESH BREAKOUT OF ABOVE @136.70COALINDIA
AWAITING FRESH BREAKOUT OF ABOVE @136.70
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
