Can see a cup and handle formation in Coal India,
Facing resistance @160-161 level, As per RSI it is presently in overbought condition, if it manages to break past first resistance..exect second resistance at 180 level. Long term target is 190-200.
This is my personal analysis and not a recommendation.
Kindly do your own analysis and then only invest.
Regards.
Facing resistance @160-161 level, As per RSI it is presently in overbought condition, if it manages to break past first resistance..exect second resistance at 180 level. Long term target is 190-200.
This is my personal analysis and not a recommendation.
Kindly do your own analysis and then only invest.
Regards.
Trade closed: target reached