hey guys , COAL INDIA stock is showing BULLISH SIGNS this stock was moving in a pattern called TRIANGLE PATTERN 📐 , this stock has tried many times to break that TRIANGLE PATTERN and now the time has come . The stock has crossed it's resistance and it has rested also And now we can see A GREAT BIG GREEN CANDLE present by this stock Also , the 20 day ema is above the 50 day ema this shows that this stock is in a uptrend. I have marked the RR RATIO , TARGET AND SL for y'all try to trade according to that ratio or you can adjust it according to you .
BUT FIRST CONSIDER THE GLOBAL MARKET SITUATIONS 1. INFLATION 2. WAR 3. RISING BANK RATES YOU CAN INVEST KN THAT STOCK BECAUSE PROFITS ARE INCREASING AND THE REO RATIO IS 40% THEREFORE, TRY TO BUY THAT STOCK 😀😀
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.