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Buy with a sl of 69.85 for tgt of 70.40/50
Showing inverted head and shoulders in weekly charts...
buy for tgt 500++
Coal India is the stock to watch out for which is making Higher highs and Higher lows
considering the power reforms in India and demand for coal one can look for long term investment as well..
Charts indicating Bullish engulfing candlestick pattern however it is trading in the resistance zone with Stoch RSI in overbought zone.
Might see a bit cool off and trade in a range.
Next level to watch out for is 18592 on higher side.
It is trading in a range and giving signs of crossing the resistance levels...