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COALINDIAMARKET OUTLOOKSTOCK OUTLOOK

Coal India Outlook for the Week (February 26, 2024 – March 01, 2024)

Coal India
Coal India
Coal India closed the previous week on a negative note losing 12.21%.

Technically, Coal India share price will see immediate support at 418.75 and immediate resistance would be seen at 478.25.

If Coal India share price closes below immediate support of 418.75, then sharp breakdown can be seen. Coal India share price will see major support at 393.60 for the week.

On the positive side, immediate resistance will be seen at 478.25. Closing above 478.25, Coal India share price will see a sharp breakout. Major resistance for Coal India share price will be seen at 512.60 for the week.

Trading range for Coal India share price for this week should be between 359.25 on down side and 537.75 on up side.

Coal India Previous Week High: 487.45

Coal India Previous Week Low: 427.95

Coal India Previous Week Range: 59.5 Points

Coal India share price support and resistance for the week (February 26, 2024 – March 01, 2024)

Level Type Value
Resistance 3 537.75
Resistance 2 512.60
Resistance 1 478.25
Support 1 418.75
Support 2 393.60
Support 3 359.25
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