accumulation has been happening in the stock from 26 feb 2019
also recently there is been an increase in volume with higher delivery percentage
if the price closes above the resistance then can buy for short term target
Coal India is Offering for Sale (OFS) its shares at 5% Discount on Retail. The Current Price is 275.85 and the Company is offering its shares at 266 (Floor Price) from 9:15 AM to 3:30 PM for 31st October and 1st November.
If we are able to get our hands on this share at a price of around 266 area, it would be in our Buy Zone of the Symmetrical Triangle. We could...
Perfect re-test of the structure for Coal India: Confirmation of two pin bars...bearish..followed by bullish
Here is the plan:
Buy with stop loss below the previous pin bar (Green)
TP2 : 290
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