COAL INDIA Looking good on chart COAL INDIA, forming cup handle pattern.
LEARNING PURPOSES ONLY.
Do not invest without any own analysis.
COALINDIA trade ideas
Better days for Coal India ahead!This stock is often overlooked
It is a part of Nifty-50, and major weightage in Nifty-Metal Index as well.
It seems it is time that we get our eyes on this counter again
The line drawn in the chart is a regression line for Coal India. It is downward sloping currently.
But notice that price has closed above the regression line on the weekly charts.
If we see the last 4 candles on weekly charts, we observe this:-
- All four are green candles
- Body-size of candles in increasing (getting larger and larger)
Bollinger band expansion bodes well for the stock in the near term.
Volume: If we see the past 2&1/2 -3 years volumes, they have been much higher as compared to the periods prior to 2018
Another way to convey this volume strength is that "long-term volume averages are at/around lifetime highs"
Recent Coal Shortages, elevated coal prices, prevailing inflationary trends are also tailwinds for the stock
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ABOVE VIEWS ARE PERSONAL. PLEASE CONSULT YOUR FINANCIAL ADVISORS BEFORE INVESTING
I AM NOT A SEBI REGISTERED ADVISOR
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Coal India - Bullish tradeStock was making continuous lower lows and
lows highs since 2015.
This is the first time when we can see higher
highs and high lows which clearly indicates
trend reversal and volume increase is also supportive.
Medium to long term trade -
Buy at CMP, add more on dips around
180 -190,
For targets of 213, 235, 290 and 330.
Keep in mind coal India has great dividend
yield too.
Trend is intact unless a closing below 145
comes on weekly basis.
Traders can also keep a SL of closing below
160 on weekly basis.
COALINDIA buy for intraday tradingCOALINDIA buy for intraday trading if stock break the all time high..........
COALINDIA sell for intraday tradingCOALINDIA sell for intraday trading if stock break the given support zone............
COALINDIA - Watch out for resistance break outKeep this stock in radar
Can provide big move once crosses 212 levels
COAL INDIAI see an ending diagonal pattern appear in the 5th wave. The reversal in the ending diagonal pattern is very swift. very good opportunity for shorting.
Triangle Pattern brokenCoal india has broken the triangle pattern, it is good buy around marked demand area for the given target with below level as stop loss.
Let's see...
My view on COALINDIACoalindia giving trendline breakout.It is looking good above 203.80.If it give closing above 202-203 looking very short term target 207-210-212++.Also keeping on radar COALINDIA 205 CE.
watching COALINDIACOALINDIA is at a interesting point atm. will be watching and looking to short if it breaks the resistance point
COAL INDIA WAVE ANALYSISCOAL INDIA getting ready for a big upside,3rd wave of 3rd wave likely to start soon.DISCLAIMER:This is my view if price patterns change i will also change my view
COALINDIA buy for intraday tradingCOALINDIA buy for intraday trading if stock and NIFTY also strong then we will enter in trade.....
Coal India Swing Trade✌️Cup and Handle on weekly chart. Buy above 197~200. All levels mentioned on Chart. Cheers
Coal India - Trend reversalOne of the most hated stocks since its IPO as it has only fallen. I have been bullish on this stock since lower levels coz of the world unrest and coal shortages spiking up e-acution premiums for this company. The KEY trend reversal will come when govt increases FSA prices which Coal India has been demanding since over a year now coz its wages and RM costs have gone up. They have been at peak production from their side so they are doing everthing in the power to give out strong financial numbers in a market with tons of tailwinds for them.
Technically after AGES the stock has crossed above the 200WEMA. Now its almost at the AVWAP of this entire downmove. If it can cross this also which has been a BIG resistance since the start of this downmove we could see a complete trend reversal in this company.
Long above 198 with SL below the 200WEMA which is 185.
COALINDIA sell for intraday tradingCOALINDIA sell for intraday trading if stock and energy sector also weak then we will short the stock......
Buy Long- Coal India at 191 for target of 250 SL-187Broken NSE:COALINDIA Cup & Handle formation. expected returns 30% in Approx. 39 Days
Coal india possible price targets227/241 short term target.
On crossing on closing base @ 241
New bull territory 241 to target 342 &391
Estimated time frame
210 days to 270 days. Views for education purpose.
for long coalindia it makes cup and handle pattern in day time frame
when it breaks that pattern take trade for long
COAL - BULLS THERMA-L ENERGYCoal has been on the first globally and locally. This has repeatedly made higher highs and lower lows. The basing is now more or less around the 175-180 handle now around 186. We have long term basing (rounding bottom) and we are currently eroding the neck line of bullish HnS pattern. Also the 200 DMA has been penetrated around 159. By any standards this place would be the best performer for at an year. For the investment buy here and any dips 175-178 stops 168 for part profit 225 and balance 260 (IPO Price was 240). Extended targets move towards the magical 300.
coalindia Buy for intrday tradingcoalindia Buy for intraday trading if stock break the resistence level........
Coalindia buy for intraday tradingCoalindia buy for intraday trading if stock take a support at trendline then we will buy the stock.......
