The stock is trading out its daily range with positive momentum and expected to break and test 494-517 level in future.
Company is almost debt free. Stock is providing a good dividend yield of 5.11%. Company has a good return on equity (ROE) track record: 3 Years ROE 51.8% Company has been maintaining a healthy dividend payout of 51.8% New Projects 9MFY24 1 Environmental Clearance : EC has been obtained for 14 Proposals (Incremental EC Capacity of 9.85 MTY). 2 Forest...
NSE:COALINDIA As per the reference analysis for 29th April for intraday(Coal India), (Attached link for the previous analysis), we couldn’t found any trades since market went into sideways for few days and finally stoploss has hit and good thing is later it has achieved target those who have taken 2nd entry for bullish signs. Now with this yesterday breakout,...
NSE:COALINDIA The structure is quite bullish and could be accumulated for swing trading target of 10 to 15 % could be kept
COALINDIA formed a symmetrical triangle on daily chart and broke out of resistance with strong bullishness followed with huge volume spike. Looking the pattern formation, could see bears are weakening on every swing before breakout of resistance. Also note the low volume when price falls indicating sellers are not willing to let go at lower price. Prior runup to...
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation...
COAL INDIA - is nearing its 52 week high with decreasing supply on a daily time frame with a consolidation from the past 100 days. The company has seen an influx of institutional investing. Coal has also been a silent performer and will only increase with the dependency on the product. Good for swing traders to be kept on watchlist. Look for volume gain above...
Coal India bullish it's ready to give breakout.its suitable for swing trading
Coal India Daily chart Trendline breakout with massive volume Triangle breakout Volume spurt Can target levels in black line Sl breakout candle low
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation...
Chart pattern Breakout Target decided and depend on market condition
Coal India has been under a consolidation area for the past 2 trading days. If this stock breaks and sustains below this zone a short trade setup will activate. It has formed a rising wedges pattern. Breakdown will lead to a short side move. Entry: 445 Stoploss: 450 Target: 430, 417
Coal India daily chart. Price under time correction in a triangle. Money flowing in the counter. Possible long trade on break and retest of trend line. Consult your financial advisor before taking any trades.
COAL INDIA LTD Key highlights: 💡⚡ ✅On 1 Day Time Frame Stock Showing Breakout of Bullish Flag Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 560+. ✅Can Go Long in this Stock by placing a stop loss below 412-.
Coal India need to accumulate at 415 for the Target of 565 time frame 1 year SL will be 395 good RR
Can have short opportunity in coalindia after a small rise. the expected path is shown .. hope to catch it on time.
Head and shoulders pattern is identified in this stock. we have a chance of right shoulder formation.keep safe in this area. price is now near to Neckline. on bottom we have a strong support lies at 416 levels, if price breaks neckline we have a support lies at 416. keep in long side from support levels, if neckline failed to push the price downside we have a...
Take entry 460 target 662 , Next average at 298 ,Coal India declared highest Q3 earnings. PSU stocks are already buzzing and it already break its life high also. So it will be ready to fire now.