COAL has today closed below the 5D-LEma.
Remember the 2 conditions to initiate shorts:-
1. Price close below LEma
2. 5DEMA-10DEMA x-over
Condition 1 has been satisfied today. If we see 5-10DEMA BEARISH x-over tomo, my reco wud be to pls go ahead & short COAL FEB futurz
Tgts: T1: 316 , T2: 296
SL : 5DHEMA + 0.1%
cheers
SMO
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