Coal India has been under a consolidation area for the past 2 trading days. If this stock breaks and sustains below this zone a short trade setup will activate.
It has formed a rising wedges pattern. Breakdown will lead to a short side move.
Entry: 445
Stoploss: 450
Target: 430, 417
It has formed a rising wedges pattern. Breakdown will lead to a short side move.
Entry: 445
Stoploss: 450
Target: 430, 417