Swing Trade for COALINDIA

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Long Entry for COALINDIA: at a support zone in the trend line, being followed from October 2020. In weekly chart, we also see a long lower tail candlestick at the trend line support zone on the week 20 Dec 2020.

• Buy between - 146-150
  
• Stop loss - 138
  
  
• Holding Period - 2-3 weeks or longer
  
  

Note: If you risk to trade this idea, you alone will be enjoying it's profit as well as the loss, if something goes wrong.

Happy Investing :)

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ملاحظة

Target for about 200

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تم فتح الصفقة

٣ يناير ٢٠٢٢

ملاحظة

Can be bought for long term, more than 2-3 weeks

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تم فتح الصفقة

As per plan, Entry at 150 or below .

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تم فتح الصفقة

COAL INDIA closed over 200-day EMA backed by a high volume trading.
Also breaks the downward weekly trend-line followed from August 2015 on a daily basis. If it stays above the trend-line for this week, we can go long for couple of weeks.

Next Support Level to Watch: 162.20

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ملاحظة

Weekly Close Over the trend Line

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ملاحظة

Short Term Targets :

Target 1: 162
Target 2: 172 [or hold till 28 Jan]
Target 3: 184 [If hold till 10 Feb(Expected Earning)]

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تم فتح الصفقة

Target 1 Reached COALINDIA, going for next target