COAL INDIA - BULLISH DIVERGENCE

It is been observed on the daily chart that the price action is forming a bullish hidden RSI divergence where price action is forming lower lows where as RSI oscillator forming higher lows, indicating a trend change and bullish move ahead.

Target 1: 295

Target 2: 300

Stoploss: 280

עסקה פעילה

עסקה פעילה

הערה:

Stoploss Changed to 275-272 to the strong support zone.

Regards

עסקה פעילה

הערה:

Coal India getting good buying at support zone as expected, good time to initiate.

Regards.