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COALINDIAMARKET OUTLOOKSTOCK OUTLOOK

Coal India Outlook for the Week (December 04, 2023 – December 08, 2023)

Coal India
Coal India
Coal India closed the previous week on a negative note losing 5.07%.

Technically, Coal India share price will see immediate support at 336.27 and immediate resistance would be seen at 354.07.

If Coal India share price closes below immediate support of 336.27, then sharp breakdown can be seen. Coal India share price will see major support at 325.88 for the week.

On the positive side, immediate resistance will be seen at 354.07. Closing above 354.07, Coal India share price will see a sharp breakout. Major resistance for Coal India share price will be seen at 361.48 for the week.

Trading range for Coal India share price for this week should be between 318.47 on down side and 371.87 on up side.

Coal India Previous Week High: 351.1

Coal India Previous Week Low: 333.3

Coal India Previous Week Range: 17.8 Points

Coal India share price support and resistance for the week (December 04, 2023 – December 08, 2023)

Level Type Value
Resistance 3 371.87
Resistance 2 361.48
Resistance 1 354.07
Support 1 336.27
Support 2 325.88
Support 3 318.47
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{"buy_point":[{"en_ltd":"2023-11-29","en_sup_p_91":"342.23","en_sup_t_91":"332.89","prev_close":"341.95","en_close":"342.35","new_date":"Nov 29","prev_close_no":341},{"en_ltd":"2023-10-27","en_sup_p_91":"313.25","en_sup_t_91":"303.83","prev_close":"305.25","en_close":"313.95","new_date":"Oct 27","prev_close_no":305}],"sell_point":[{"en_ltd":"2023-11-21","en_sup_p_91":"344.88","en_sup_t_91":"343.48","prev_close":"347.75","en_close":"334.20","new_date":"Nov 21","prev_close_no":347},{"en_ltd":"2023-10-23","en_sup_p_91":"310.58","en_sup_t_91":"316.07","prev_close":"312.40","en_close":"306.10","new_date":"Oct 23","prev_close_no":312}]}

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