Monday, April 13, 2015

Coal India limited at right time


It's a Coal India 5 minutes chart when one of my friend asked me a short term view on It. So I set the candlestick chart to 5 minutes and observed that current level is a good support. So I put a horizontal line for viewers to confirm that stock is bouncing back from support and soon will b crossing 390/395 from 385 levels. And yes. Within 3 hours, stock made day high of 395.7 and closed at 392++. Chart was crystal clear to make trade on It. For further potential, new chart will be posted soon with analysis. But following was the result after spotting stock. Its called grabbing opportunity at perfect time.


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