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COALINDIAMARKET OUTLOOKSTOCK OUTLOOK

Coal India Outlook for the Week (September 25, 2023 – September 29, 2023)

Coal India
Coal India
Coal India closed the previous week on a negative note losing 4.70%.

Technically, Coal India share price will see immediate support at 275.87 and immediate resistance would be seen at 289.42.

If Coal India share price closes below immediate support of 275.87, then sharp breakdown can be seen. Coal India share price will see major support at 268.38 for the week.

On the positive side, immediate resistance will be seen at 289.42. Closing above 289.42, Coal India share price will see a sharp breakout. Major resistance for Coal India share price will be seen at 295.48 for the week.

Trading range for Coal India share price for this week should be between 262.32 on down side and 302.97 on up side.

Coal India Previous Week High: 288

Coal India Previous Week Low: 274.45

Coal India Previous Week Range: 13.55 Points

Coal India share price support and resistance for the week (September 25, 2023 – September 29, 2023)

Level Type Value
Resistance 3 302.97
Resistance 2 295.48
Resistance 1 289.42
Support 1 275.87
Support 2 268.38
Support 3 262.32

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