Sunday, 14 October 2018

TECHNICAL VIEW - COALNDIA & ZEE


The price action in Coal India  has been very aggressive since 8th October  2018. Now a  close above 283 should take the scrip up to 293.50.

Zee has been closing high for the past 4 days and  higher highs and lower lows. But it all looks like short covering  happening in this scrip.   Long or OTM CE can be initiated only on a  daily close  above 476.

Take care!!

PS : Anyone requiring suggestion on levels  for  any scrip can send me an email  so  that I will  be able  to answer the query.  narayanansrirangam@gmail.com

Please send  only one  scrip.  DO  NOT  SEND BIG LIST.  

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