Rahul_Kamang

Rahul_Kamang

Stock is trading in a channel. It SL --- Upon break of the channel in downward direction target -- open

Rahul_Kamang Updated 

Seems like coalindia has an immense love with narrow range. This is the 4th time it has been into the narrow channnel. Reasons for long: Converging channel repetition RSI divergence. Well, I will keep you posted on this if I take any trade.

Rahul_Kamang

As we could see that it has made a round top & the volume has been continuously increasing near the base. It would be interesting to see what move it makes next. Keep looking on the update section for more details of my trade. I am bearish on this.

Rahul_Kamang Updated 

All the levels are marked on the chart. Please do your own analysis before taking a trade.

Rahul_Kamang Updated 

ALL THE LEVELS ARE MARKED ON THE CHART. PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ANY TRADE

Rahul_Kamang

This is the 5th occasion that it has come down to its support region. Earlier here a high volume was observed followed by an uptrend with price rejection ultimately encountering the resistance level of 2792. Since then it is continuously making lower highs. It would be interesting to see whether it would take the support. As of now its better to wait for little...

Rahul_Kamang

Taken support from trendline. Buy above 49.90