COAL INDIA LTDAlış
Coal India - Reversing from its long downward trend
Coal India seems to give BO to its long rectangle consolidation zone after its long down-trend channel (since IPO listing).
Volumes also rising since March 2020 (consolidation zone).
This can turn out to be Darkhorse in the PSU pack.
Golden crossover (11 EMA crossover to 37 EMA) on a weekly timeframe basis observed along with double Cup & Handle Pattern.
Disclosure:
I am not a SEBI licensed advisor. Kindly take a position in consultation with your Financial Advisor.
Volumes also rising since March 2020 (consolidation zone).
This can turn out to be Darkhorse in the PSU pack.
Golden crossover (11 EMA crossover to 37 EMA) on a weekly timeframe basis observed along with double Cup & Handle Pattern.
Disclosure:
I am not a SEBI licensed advisor. Kindly take a position in consultation with your Financial Advisor.
Feragatname
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