Coalindia for Investment

Coalindia is oversold on monthly levels

Weekly RSI is showing some recovery

on Daily chart its making a triangle formation

Buy above close of 135

T1 = 145

T2 = 165

T3 = 195 and more as per Fib levels

SL = 118

تم فتح الصفقة:

141.5 HIGH, near to our first target
kindly trail

تم فتح الصفقة:

looks like a bullish reversal on daily chart and Nifty also reversed from SMA200
Bought again with revised SL 109
also good dividend stock to hold in portfolio

تم فتح الصفقة:

Positive divergence observed, SL 109 saved so far

تم إغلاق الصفقة يدويًا:

CoalIndia is near to our entry now, safe trader may choose to exit at cost.
Its a good dividend candidate and if breaks the triangle then can move towards 150 and more