COAL IND : Last close 278.30 Stock has formed Cup and handle formation…….The cup and handle is both a continuation and a reversal pattern. The reversal pattern marks the end of a downtrend, and shows the price transitioning into an uptrend. Now handle break out going to happened today……

COAL IND

Last close 278.30

Stock has formed Cup and handle formation…….The cup and handle is both a continuation and a reversal pattern. The reversal pattern marks the end of a downtrend, and shows the price transitioning into an uptrend. Now handle break out going to happened today…….We recommend buying keeping stop loss of Rs.272. Upper side stock will zoom to Rs.284, Rs.290. Soon stock will cross Rs.300 mark..!!!