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COAL INDIA LTD
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coal ind should bounce

Por ParamjitMahapatro
Atualizado
in weekly, hammer formed at horizontal support.

in daily, regular bullish divergence seen. snapshot

sl - 235, tgt - 280
Trade ativo
today big green candle formed and closed above upper BB. and BB is expanding, sign of bullishness, snapshot
Trade ativo
cmp - 255, trend line resistance broken with good volume, snapshot
Trade ativo
till now 259.80, and price is clinging to upper bb and bb is expanding, sign of bullishness, snapshot
Trade ativo
going good, till now 270.85, Inv HnS formed and breakout happened with good volume, looks quite bullish now. snapshot
Trade ativo
till now, 281.35, BB is expanding and candles are riding upper BB, sign of bullishness

snapshot
Trade fechado: objetivo atingido
all tgts achieved here, cheers
Nota
after hitting the inv H&S tgt, price retraced back to the pattern neck line, then regular bullish divergence formed at the support zone, after some consolidation, it is again showing strength,

snapshot
Nota
follow up analysis, price bounced sharply, after hitting the support zone,
snapshot
Nota
in weekly, price showing strength, next tgt - 330,

snapshot
Bullish DivergenceHammersupportSupport and ResistanceTrend Analysis
ParamjitMahapatro

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