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COALINDIAMARKET OUTLOOKSTOCK OUTLOOK

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

Coal India
Coal India
Coal India closed the previous week on a negative note losing 4.16%.

Technically, Coal India share price will see immediate support at 342.93 and immediate resistance would be seen at 357.83.

If Coal India share price closes below immediate support of 342.93, then sharp breakdown can be seen. Coal India share price will see major support at 335.87 for the week.

On the positive side, immediate resistance will be seen at 357.83. Closing above 357.83, Coal India share price will see a sharp breakout. Major resistance for Coal India share price will be seen at 365.67 for the week.

Trading range for Coal India share price for this week should be between 328.03 on down side and 372.73 on up side.

Coal India Previous Week High: 358.6

Coal India Previous Week Low: 343.7

Coal India Previous Week Range: 14.9 Points

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

Level Type Value
Resistance 3 372.73
Resistance 2 365.67
Resistance 1 357.83
Support 1 342.93
Support 2 335.87
Support 3 328.03
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{"buy_point":[{"en_ltd":"2023-11-29","en_sup_p_91":"342.23","en_sup_t_91":"332.89","prev_close":"341.95","en_close":"342.35","new_date":"Nov 29","prev_close_no":341}],"sell_point":[{"en_ltd":"2023-12-13","en_sup_p_91":"346.73","en_sup_t_91":"355.43","prev_close":"347.50","en_close":"345.20","new_date":"Dec 13","prev_close_no":347},{"en_ltd":"2023-11-21","en_sup_p_91":"344.88","en_sup_t_91":"343.48","prev_close":"347.75","en_close":"334.20","new_date":"Nov 21","prev_close_no":347}]}

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