COALINDIA trade ideas
coal India poised to give a minimum return of 24% in next 2 year# Those buying Coal India around 146 level could generate Rs 35 in dividend income in next 2 years (including the recent announced 3.5/- dividend). That comes to roughly 24% return on investment.
# plus there is potential for upside from appreciation in stock price due to following reasons:
1. Production Increase due to front loading of capex
2. wage revision and consequent pass on of costs to buyers in next 6 months
3. higher auction sales and realization
# Valuation wise the company is trading at a shiller pe of just 6.5 times which suggest that the company has earned its market cap in last 6.5 years itslef on average 10 year profit of 13843 crores. So if the stock is held for around 7 years, it is likely to earn it 90000 crore market cap again plus the future value will still be there in the stock price.
# Its probably ESG theme which is keeping global investors away from this stock. But Coal being an essential commodity in 70% of Indian power generation, it is unlikley to be replaced any soon.
# With Banks FDs generating just 6% return, the earning yield on Coal India is a very attractive proposition.
cup forming in coal indiasince last price and pattern of the trading, showing the bullish cup formation in Coal India.
Coal India : Strong BullishBullish Above 163
1 Day Close Base
Target 180, 200++
SL: 144
Time Frame : 1 - 3 Months
Risk is yours and Reward is too yours totally
Coal India.............can it capture 160 levels ??Last week was Open High 164 levels
148 below weak and
142 below more weakness.
132 on the cards soon ??
139 level fulcrum.....
COAL INDIA HOLDING A GOOD LEVEL Coal india is at a good swing triangle pattern further upmove for a target of 180 it can breakout for this level. Let's wait and watch for breakout. This is purely educational purpose only.
bearish channel white parallel channel
price again making chart patter at the current bottom near 100% projection of wave at beginning of the channel,
until price breaks this white channel it is bearish .
on clear breakout of this channel we have blue horizontal resistance near 38% retracement
on short term upper yellow trend line of chart pattern and white trend line of channel is our resistance.
based on Elliott wave 100% projection of wave followed by our first yellow chart pattern has finished its first projection target. so our current chart pattern at the bottom with upside breakout will trigger trend reversal. as long as price trading blow upper white trend line it bearish and price will trader for its next 138% projection
Coal India - Gold in the Coal Coal India - Finally making a move out of the rectangle with a cup n handle... This is a gold digger.. 190 1st Target, 2nd is 210 and then it has a huge scale up possibility. SL: < 125.
Disc: Not a SEBI Registered. I post charts for my own study.
COAL INDIAClassical volume contraction pattern
given break out with good volume.
OI buildup & delivery quantity percentage is much more higher than previous 10 days.
Broken Channel and TrendlineStock Analysis: Coalindia has broken the trendline and channel it is good buy around marked demand area for conservative entry
for the given target on chart.
Coal India .......rise or pull back ???Coal India........ breaks out cup and handle pattern...
Trading levels marked........
Happy Trading............
Coal India long and short term buy coal india has formed a pattern in daily time frame and has broke out
it is very good signal for buy in even short term and long term
COAL INDIA - Breakout of Cup and Handle pattern on daily chartCoal India was facing resistance to clear 155-160 level.
Today It gave breakout with a very good volume.
Pattern here is formed was cup and handle.
Whenever stock gives range breakout with good volume it is likely to give a big move and target should be (Breakout price - CUP formation Low) which is (160 - 125) from the Break - out level.
So Estimated target can be 195.
180 is a resistance level as per chart.
COAL INDIA IS BREAKED THE IMPORTANT RESISTANCE COALINDIA IS BREAKED UP THE RESISTANECE IT WAS THIRD TIME BREAK OUT IT FORMED INVERTED HEAD AND SHOULDER PATTERN IT WAS EDUCATION PURPOSE ONLY.
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 - Cup and Handle FormationWait for the Breakout
***Risk Traders can enter after the breakout
***Others can wait for the retest after breakout
