thetradetactic

Coal India - Support at Major Trend Line

Long
thetradetactic Updated   
NSE:COALINDIA   COAL INDIA LTD
go for long: buy @(107 - 110).
Comment:
buy strategy 1: future buy and pe buy @market strike price
buy strategy 2: future buy and two pe buy at @market strike price and 5% below the market strike price.

I will prefer strategy 2
reason: if breakout at support then also you will be in profit else long profit is always there with a small premium cost.
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