📌 COAL INDIA LTD | 5 min Idea – 19 May 2025
Bias: Bullish while above rising trendline
CMP: ₹404.90
Market Structure
• Price carving higher-lows along ascending trend channel, holding 200 EMA support.
• Recent retest of ₹403.80–404.20 demand box shows smart-money absorption.
Levels
│ R1 ₹407.40 │ R2 ₹408.50
│ S1 ₹403.70 │ S2 ₹402.90
Trade Plan
🟢 Breakout Long → Entry on 5-min close > ₹405.00.
Targets ₹407.40/₹408.50 │ SL ₹404.00.
🟢 Pullback Long → Bid ₹404.20–₹403.70 on bullish 1-min close.
Targets ₹405.50/₹407.40 │ SL ₹403.50.
🔴 Breakdown Short → Entry on 5-min close < ₹403.50.
Targets ₹402.10/₹400.80 │ SL ₹404.20.
Notes
• Avoid range grind between ₹403.70–₹405.00—whipsaws ahead.
• A surge in 5-min volume above ₹405 flags institutional follow-through.
Set TradingView alerts at ₹405.00 & ₹403.50; risk ≤ 1 % per trade.
#PriceAction #COALINDIA #5min #GLOBALTRADESECURITIES
Bias: Bullish while above rising trendline
CMP: ₹404.90
Market Structure
• Price carving higher-lows along ascending trend channel, holding 200 EMA support.
• Recent retest of ₹403.80–404.20 demand box shows smart-money absorption.
Levels
│ R1 ₹407.40 │ R2 ₹408.50
│ S1 ₹403.70 │ S2 ₹402.90
Trade Plan
🟢 Breakout Long → Entry on 5-min close > ₹405.00.
Targets ₹407.40/₹408.50 │ SL ₹404.00.
🟢 Pullback Long → Bid ₹404.20–₹403.70 on bullish 1-min close.
Targets ₹405.50/₹407.40 │ SL ₹403.50.
🔴 Breakdown Short → Entry on 5-min close < ₹403.50.
Targets ₹402.10/₹400.80 │ SL ₹404.20.
Notes
• Avoid range grind between ₹403.70–₹405.00—whipsaws ahead.
• A surge in 5-min volume above ₹405 flags institutional follow-through.
Set TradingView alerts at ₹405.00 & ₹403.50; risk ≤ 1 % per trade.
#PriceAction #COALINDIA #5min #GLOBALTRADESECURITIES
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。