A nice retest in Coal India.

Coal India is trading just near it 20 ema on a daily time frame.

The stock has given a break down of a trend line and has retested it.

The volume analysis are also supporting the break down.

Support :- 182.5, 172
Resistance :- 192, 197

If the price crosses below the level of 184 the entry can be made.

Wait for the price action near the levels.



BANKNIFTYCandlestick AnalysisCOALINDIAcoalindiabuycoalindialongcoalindianalysiscoalindiaoptionscoalindiatechnicalanalysiscoalindiaviewNIFTYSupport and ResistanceTriangle

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