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COAL INDIA LTD
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Coalindia for Investment

Oleh akshay.lakhina
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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
Dagangan aktif
141.5 HIGH, near to our first target
kindly trail
Dagangan 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
Dagangan aktif
Positive divergence observed, SL 109 saved so far
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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
FibonacciFibonacci Retracementrsi_oversoldTrend Lines
akshay.lakhina
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