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COALINDIAMARKET OUTLOOKSTOCK OUTLOOK

Coal India Outlook for the Week (November 27, 2023 – December 01, 2023)

Coal India
Coal India
Coal India closed the previous week on a negative note losing 6.68%.

Technically, Coal India share price will see immediate support at 323.63 and immediate resistance would be seen at 347.18.

If Coal India share price closes below immediate support of 323.63, then sharp breakdown can be seen. Coal India share price will see major support at 314.47 for the week.

On the positive side, immediate resistance will be seen at 347.18. Closing above 347.18, Coal India share price will see a sharp breakout. Major resistance for Coal India share price will be seen at 361.57 for the week.

Trading range for Coal India share price for this week should be between 300.08 on down side and 370.73 on up side.

Coal India Previous Week High: 352.4

Coal India Previous Week Low: 328.85

Coal India Previous Week Range: 23.55 Points

Coal India share price support and resistance for the week (November 27, 2023 – December 01, 2023)

Level Type Value
Resistance 3 370.73
Resistance 2 361.57
Resistance 1 347.18
Support 1 323.63
Support 2 314.47
Support 3 300.08
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