ilmscore | Prediction Details
"Coal India cup pattern on monthly time frame it so let me check Coal India only cup where is the handle I will share my screen this could be more like a rounding bottom I must say that oh okay here You go so if you see here this is what 2015 oh good 2015 even if I take it from here this is 2018 to 2000 this is also good enough actually right now I can see an inverted head and shoulders again here how I will show this is the shoulder head shoulder break out and if I want to understand how much intensity of this is just quickly use the scale from here to the neck line is around 145 so I'll take 150 points so from here again 150 points is already up much more but this is the initial high that has been taken out plus there is so here this was the initial resistance so let's just cut out the inverted head and shoulders because this has already been you know so do not understand inverted head and Shoulder and how to calculate the price target based nut chart pattern we understood but if you see this was the high so maybe the stock should see some sort of resistance here and it did see some sort of resistance here it did give a break out and it is still trading now that and one more important point if you see here is that the volumes are pretty nice here in this run up so very interesting Coal India again looks like good chart"
By CA Rachana Phadke Ranade | May 16, 2024 | Pending
From video
Let's Stalk Stocks| Q & A Special | CA Rachana Ranade 00:34:44 - 00:36:50
Interpreted Prediction
Coal India exhibits a cup and handle pattern, or more likely a rounding bottom, on the monthly timeframe. An inverted head and shoulders pattern is also identified, with a breakout and good volumes during the recent run-up. The stock shows potential resistance at its previous high but has already broken out.

Prediction Details

Ticker
COALINDIA

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