Coal India Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Coal India closed the previous week on a negative note losing 2.37%

Technically, Coal India share price will see immediate support at 225.18 and immediate resistance would be seen at 230.68

If Coal India share price closes below immediate support of 225.18, then sharp breakdown can be seen. Coal India share price will see major support at 223.27 for the week.

On the positive side, immediate resistance will be seen at 230.68. Closing above 230.68, Coal India share price will see a sharp breakout. Major resistance for Coal India share price will be seen at 234.27 for the week.

Trading range for Coal India share price for this week should be between 219.68 on down side and 236.18 on up side.

Coal India Previous Week High: 232.35

Coal India Previous Week Low: 226.85

Coal India Previous Week Range: 5.5 Points

Coal India share price support and resistance for the week (July 31, 2023 – August 04, 2023)