14 Years Resistance Breakout with Highest Volume
There was a large movement in "Coal India" followed by a consolidation period with converging trend lines. The pennant breakout movement in the same direction as the initial large movement. The period of consolidation have lower volume and the breakout occurred on higher volume. Relative strength index (RSI) levels was moderate during the consolidation phase and resistance levels breakout observed in charts.
Target Rs 680
Stop Loss below Rs 400
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Target Rs 680
Stop Loss below Rs 400
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.