Coalindianalysis
COALINDIA Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
Coal India - C&H pattern breakout with volume confirmationToday stock has given breakout in C&H pattern with good volume confirmation.
Stock has finally surpassed 161 hurdle and able to close above it with 162.65 price.
One can go long with SL of 143 and target of 190.
Apart from this Coal india's result is on Monday and hope that result will be on favourable side.
If any one want to go with more security than one can put SL at 159rs.
Coal India - Positional View-- It's moving between a channel in a Daily time frame
-- If it crosses the Resistance line (Break Out) then the next Target is 180
-- If it goes below the Support line 149 then better to get out of the trade
-- Last day volume for bears are also very high, so be very cautious for Monday
Disclaimer :
I am not so bullish for positional or long-time view .. As it's still below 200 Exponential Moving Average.. You can go for a swing Trade ..
coAL INDIA TRADE SETUP
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.