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Coal India consolidation (Part 2) 

COAL INDIA LTDNSE

الوصف

This is an update to my previous view.

As we can see after the formation of evening star pattern Coal India has started to consolidate. I don't see any further push into the remaining days till expiry this month.

It has a good support around 144. And will give a good buying opportunity if it further falls to 140 and below.

It is a also good opportunity for a short straddle on the current level for a quick scalp with properly defined stop losses.



المزيد