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COALINDIAMARKET OUTLOOKSTOCK OUTLOOK

Coal India Outlook for the Week (February 12, 2024 – February 16, 2024)

Coal India
Coal India
Coal India closed the previous week on a negative note losing 10.99%.

Technically, Coal India share price will see immediate support at 426.00 and immediate resistance would be seen at 477.50.

If Coal India share price closes below immediate support of 426.00, then sharp breakdown can be seen. Coal India share price will see major support at 395.80 for the week.

On the positive side, immediate resistance will be seen at 477.50. Closing above 477.50, Coal India share price will see a sharp breakout. Major resistance for Coal India share price will be seen at 498.80 for the week.

Trading range for Coal India share price for this week should be between 374.50 on down side and 529.00 on up side.

Coal India Previous Week High: 468.6

Coal India Previous Week Low: 417.1

Coal India Previous Week Range: 51.5 Points

Coal India share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 529.00
Resistance 2 498.80
Resistance 1 477.50
Support 1 426.00
Support 2 395.80
Support 3 374.50
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