SBILIFE - ROUNDING BOTTOM FORMATION
A Rounding bottom can be spotted in Coal India 1HR Chart and if it is able to give the breakout above the mentioned resistance, the gap plus 1% more target can be achieved.
The key to confirm this trade would be if any 15m candle gives closing above the resistance level. For the targets, you can always refer to the Pivot Points.
Please let me know your suggestions as well.
Thanks & Regards
Hritik Kaushik
The key to confirm this trade would be if any 15m candle gives closing above the resistance level. For the targets, you can always refer to the Pivot Points.
Please let me know your suggestions as well.
Thanks & Regards
Hritik Kaushik
Penafian
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