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By EquityPandit

COALINDIAMARKET OUTLOOKSTOCK OUTLOOK

Coal India Outlook for the Week (April 08, 2024 – April 12, 2024)

Coal India
Coal India
Coal India closed the previous week on a negative note losing 4.12%.

Technically, Coal India share price will see immediate support at 436.67 and immediate resistance would be seen at 455.37.

If Coal India share price closes below immediate support of 436.67, then sharp breakdown can be seen. Coal India share price will see major support at 426.38 for the week.

470.00470.00460.00460.00450.00450.00440.00440.00430.00430.00420.00420.00410.00410.00400.00400.00Feb 22Feb 22Feb 27Feb 27Mar 1Mar 1Mar 5Mar 5Mar 11Mar 11Mar 14Mar 14Mar 19Mar 19Mar 22Mar 22Mar 28Mar 28Apr 3Apr 3Reversal Level 436.18BuyBuySell

On the positive side, immediate resistance will be seen at 455.37. Closing above 455.37, Coal India share price will see a sharp breakout. Major resistance for Coal India share price will be seen at 463.78 for the week.

Trading range for Coal India share price for this week should be between 417.97 on down side and 474.07 on up side.

Coal India Previous Week High: 453.5

Coal India Previous Week Low: 434.8

Coal India Previous Week Range: 18.7 Points

Coal India share price support and resistance for the week (April 08, 2024 – April 12, 2024)

Level Type Value
Resistance 3 474.07
Resistance 2 463.78
Resistance 1 455.37
Support 1 436.67
Support 2 426.38
Support 3 417.97
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{"buy_point":[{"en_ltd":"2024-03-21","en_sup_p_91":"431.58","en_sup_t_91":"413.50","prev_close":"419.50","en_close":"432.05","new_date":"Mar 21","prev_close_no":419},{"en_ltd":"2024-03-04","en_sup_p_91":"452.51","en_sup_t_91":"439.44","prev_close":"448.50","en_close":"455.40","new_date":"Mar 4","prev_close_no":448}],"sell_point":[{"en_ltd":"2024-03-13","en_sup_p_91":"447.41","en_sup_t_91":"445.55","prev_close":"449.30","en_close":"417.05","new_date":"Mar 13","prev_close_no":449}]}

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