FMSmo

Coal India- Bearish Trend (pull back possible)

Long
FMSmo Updated   
NSE:COALINDIA   COAL INDIA LTD
Coal India Buy @ 115 SL 109
Target 126,132

Coal India now at multi year low so trade with strict stop loss 109
Buy at 115, Book half at 126 & remaining at 132
still in bearish territory, but pull back to 50 or 61.8 % of last swing high possible
Potential reversal zone 132, to continue its bearish trend
Break of last swing high 145, good to enter for Long term Investment
very attractive valuation

For Aggressive trader, buy at 115 Stop loss 109



Trade closed: target reached
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