Coal India | Head & Shoulder Pattern & Breakout !!!!

COALINDIA
Swing Trading opportunity ! 15min Chart Alert !!!

--sell below =113
--Target = 128.90
--Stop-loss = 135.50
--Lot Size = 6100
--Expected Profit = 25,000 ₹ per lot (3.12 % )

Technical Reasons to trade :- 🧢

1) Coal India has formed head & Shoulder Pattern
2) Volume is more than sufficient at the time of breakout
3) Trendline break & soon downtrend is going to start

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Comment:

revise stop-loss to 136.65

Trade closed: stop reached