Simple cup & handle pattern in coal india. It is sustaining the breakout. Target can be huge. Keep accumulating for steady move. It has 9 years breakout and retested. so the move will be powerful.
Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.
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