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COALINDIAMARKET OUTLOOKSTOCK OUTLOOK

Coal India Outlook for the Week (September 18, 2023 – September 22, 2023)

Coal India
Coal India
Coal India closed the previous week on a negative note losing 5.35%.

Technically, Coal India share price will see immediate support at 270.80 and immediate resistance would be seen at 286.00.

If Coal India share price closes below immediate support of 270.80, then sharp breakdown can be seen. Coal India share price will see major support at 262.30 for the week.

On the positive side, immediate resistance will be seen at 286.00. Closing above 286.00, Coal India share price will see a sharp breakout. Major resistance for Coal India share price will be seen at 292.70 for the week.

Trading range for Coal India share price for this week should be between 255.60 on down side and 301.20 on up side.

Coal India Previous Week High: 284.2

Coal India Previous Week Low: 269

Coal India Previous Week Range: 15.2 Points

Coal India share price support and resistance for the week (September 18, 2023 – September 22, 2023)

Level Type Value
Resistance 3 301.20
Resistance 2 292.70
Resistance 1 286.00
Support 1 270.80
Support 2 262.30
Support 3 255.60

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