Coal India - Positional View
-- It's moving between a channel in a Daily time frame
-- If it crosses the Resistance line (Break Out) then the next Target is 180
-- If it goes below the Support line 149 then better to get out of the trade
-- Last day volume for bears are also very high, so be very cautious for Monday
Disclaimer :
I am not so bullish for positional or long-time view .. As it's still below 200 Exponential Moving Average.. You can go for a swing Trade ..
-- If it crosses the Resistance line (Break Out) then the next Target is 180
-- If it goes below the Support line 149 then better to get out of the trade
-- Last day volume for bears are also very high, so be very cautious for Monday
Disclaimer :
I am not so bullish for positional or long-time view .. As it's still below 200 Exponential Moving Average.. You can go for a swing Trade ..
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