Coal India stock was chosen since it was having high volume today. Double bottom noticed with the interval of 37 days, however only average volume observed in the second bottom. We need to watch this stock, if it crosses the resistance line above Rs. 259.5 we can take long position with stop loss of Rs. 229.5 and target of Rs. 289.5. Duration is 15 days.
Coal India_Double Bottom_Bullish Above_30-May-19
