Coalindia for Investment

30 Tem 2020

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

21 Ağu 2020

İşlem aktif

141.5 HIGH, near to our first target
kindly trail

28 Eyl 2020

İşlem aktif

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

18 Eki 2020

İşlem aktif

Positive divergence observed, SL 109 saved so far

9 Ara 2020

İşlem elle kapatılmış

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