NSE:COALINDIA ABOVE 232 we can think about buying otherwise trend is in downwards direction. above 226 we will get signal og bullishness,downside if crossed 206 then it may touch 201 ,if it broke 201 then chance to tuch 185 rapidly.
All important levels are drawn in the chart.Work with risk reward ratio. not taking a trade is also a trade. A trade cant change anything keep in your mind,if you think one trade can change your life then you are doing gambling in the market.take calculated risk.
DISCLAIMER- We are not a SEBI registered advisor.this is only for educational purpose. before taking trade take advice from your financial advisor.We will not be responsible for your profit and loss.
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support at 206.
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its took support from 206. and breakout of triangle pattern is shown in the chart but dont buy .it may be trap. if in the coming days you saw its a fake breakout then can sell below 218 and target will be 206 which is a support. only buy above 232 but with more confirmation.