Hi everyone, Coal india mid term swing trade consider buy above: 154, targets: 170.50/178.40, stoploss: 152.
LOGIC BEHIND TRADE: Stock has recently formed double bottom pattern on 1D chart & given breakout of resistance (targets identified from xabcd pattern level 1.272 & 1.618) stoploss is previous swing low it makes great RR stock looks good for mid term swing trade. NSE:COALINDIA