Coal India can bounce from the demand zone , One can try accumulating it
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 141.3-142.6 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
Script 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 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 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...
COALINDIA is showing pretty good buy model for th eintra week trade
Intraday short opportunity on NSE:COALINDIA Entry: 133.15 SL: 134.50 Target: 130.45 Valid till 27 July 2020 Don't carry forward the position to next day
there are positive sentiment in stock, can buy it from demand zone for swing trade and target Dynamic resistance.
Coal India has been very bearish on Daily time frame and is not able to give price action movement of bullish nature. Thus a recent break of support line and testing its once it is now going to test it second time, though the prob. falls in the second time for retracement but still a price action confirmation can lead us for a short entry.
Coal India is trading in a channel and now showing upward movement though 130 is another critical level to watch. It's had closed above this level and in coming week if world market and nifty opens positive this could reach 145 - 150 level which are other resistance levels to watch and in my view this will break this time with stronger volumes. Levels are given...
Coal India Triangle Breakout , targets on chart
Coal india is poised to test the sell zone however it is also heading to test the cluster POC from where a stark selling pressure can arise. Good to sell PE options in the stock
When the line breaks it goes Up.. Others going down...
Coal India closed above 50 EMA / near RSI 60 with good volumes. Also currently at trend line resistance. If cross 144 level we can see 156 level, however need to trade as per market trend on Monday.