COALINDIA trade ideas
COALINDIA: Wedge breakout for buy on daily chartsSeems to be bullish as wedge broke out with higher volumes. Expecting the target around 142. Better buy would be around 131.5 thats recent high before breakout and stop loss would be 128.3.
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coal India Daily nice supply 141.3-142.6coal India Daily nice supply 141.3-142.6
Pro:
1. 2 exciting candle in location(daily)
2.2 exciting candle in 15 min
con:
1. result date volatility and the stock seems to change its momentum towads up for last 3-4 days
2.left there were few trading activity in execution time frame 15 min