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COAL INDIA LTD

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COALINDIA trade ideas

COAL INDIA (Will it Fly or go Bust ?)Coal India has as every other stock had wild momentum and has pretty much reacted in the direction of the market as majority of the stocks have. Like a lot of stocks Coal India has also arrived at its supply zone which has held strong for over a month now. But like every other stock Coal India has a different story to tell according to the technicals. This analysis is purely based on time frame of Daily or Lower. Currently Coal India is testing a supply zone marked in a Yellow channel (where the price currently is). Since the reversal from the downtrend Coal India has been seeing higher lows and consistent highs which has led to a Triangle formation supported by the Yellow Channel on the top and the Blue line as the base. While the price was increasing we can see a squeeze in the CPR and MACD indicating a building momentum.Towards the downside sits a green line acting as a first hand support followed by a yellow channel which is a demand zone which calls for a strong support. On the upside the yellow line should ideally be a traders target which is also a zone of consolidation and testing. The red line will act as a dynamic support if it is broken wherein a trader could look for a possible retracement before a breakout. The CPR and MACD Squeeze supported by a completed formation and current volatility is indicating towards a building momentum and a possible strong move. A high volume might dictate the side of the trend but what will the market look to favour remains to be seen.
NSE:COALINDIA
by vinayak.mohta5
Coal India - Best time to InvestDear All, I had done some reseach on Coal India, which is a Government run company, due to virus attack this company price reached its bottom might execpeted to fall in near term(130 to 110 RS). But now it is already in a attractive price (140 to 150RS). Coal India ltd is the largest coal mining company in India and the demand for coal is increasing. Also this is a goverment run company they can manage this citrical situation much well than other companies. But the investors needed to wait atleast few months for booking their gains. And my target is 230 in long term (Few months or after virus problem settle down). Note: This is only my view on Coal India Ltd. Kindly do your own research before invest or entry any position. Thanks & Regards, Ganesh, Market GM.
NSE:COALINDIALong
by MARKET_GM
COAL INDIA -- Bullish View.. Coal India - Positive divergence in Monthly, Weekly, Daily, and hourly charts followed by above-average trading volumes/delivery volumes over the last few months indicating that there is a strong buying/accumulation in this script in lower levels. This company has a history of paying handsome dividends to its investors on a yearly basis of around 8-10%. For Long Term Investors: At a current market price of Rs.185/- in addition to 8-10% dividend payout on an annual basis, Coal India looks very attractive for someone who is looking to invest in stock with payout out attractive dividend payout with or without capital appreciation. For Short-Term Traders: On hourly charts, we can see a "W" pattern with the neckline of this pattern at Rs.184 and the target for this pattern is around Rs.190.00. The stock has closed above Rs.184 on 02/07/2020 with good volumes and delivery percentage, indicating that the stock is in an uptrend and is the path of reaching its target of Rs.190. Please follow me on Trading View to get updates on stocks on which I research. NOTE: I AM NOT SEBI REGISTERED RESEARCH ANALYST - PLEASE DO YOUR DUE DILIGENCE BEFORE TAKING ANY TRADE.
NSE:COALINDIALong
by HemanthKakani