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Will Nifty Reach The Final Target Of 15840?
COAL INDIA Has Formed Symmetrical Triangle
COAL INDIA FUT Trade Setup For Premium Subscribers

Will Nifty Reach The Final Target Of 15840?

Posted: 12 Jul 2022 12:27 AM PDT

Do you remember Nifty’s wave analysis?
Click here: NIFTY: Strange Reversal Or Trend Continuation

I have mentioned in clear words,” According to the Elliott wave principle, if the price breaks the lower band of the ending diagonal, traders can trade for the following targets: 16072 – 15941 – 15840.”

[12 July 2022]

12:30 PM – Nifty hit the first target of 16072.

If you have traded this call, you could get 120+ points in just two trading sessions.

Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips

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COAL INDIA Has Formed Symmetrical Triangle

Posted: 11 Jul 2022 11:08 PM PDT

Coal India has formed a coil (symmetrical triangle) for three months. The trend of volume is downward. Coal India’s prior trend was bullish. This formation occurs when the market is indecisive.

Price makes higher lows and lower highs. It is the situation where supply and demand are near to equal. Within the triangle, the trading range shrinks. There is a pause in the exhausting trend, after which the original trend resumes.

If the price breaks the upper band of the triangle, traders can trade for the following targets: 198.45 – 210 – 218. A symmetrical triangle has a high success ratio of 84% in case of a break out of the upper band.

I will upload further information soon.

Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips

Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips

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The post COAL INDIA Has Formed Symmetrical Triangle appeared first on Moneymunch.

COAL INDIA FUT Trade Setup For Premium Subscribers

Posted: 11 Jul 2022 09:54 PM PDT

Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips

Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips

Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.

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