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By EquityPandit

COALINDIAMARKET OUTLOOKSTOCK OUTLOOK

Coal India Outlook for the Week (March 11, 2024 – March 15, 2024)

Coal India
Coal India
Coal India closed the previous week on a negative note losing 4.48%.

Technically, Coal India share price will see immediate support at 446.97 and immediate resistance would be seen at 467.82.

If Coal India share price closes below immediate support of 446.97, then sharp breakdown can be seen. Coal India share price will see major support at 435.33 for the week.

490.00490.00480.00480.00470.00470.00460.00460.00450.00450.00440.00440.00430.00430.00420.00420.00410.00410.00400.00400.00390.00390.00Jan 29Jan 29Feb 1Feb 1Feb 6Feb 6Feb 9Feb 9Feb 14Feb 14Feb 19Feb 19Feb 22Feb 22Feb 27Feb 27Mar 1Mar 1Mar 5Mar 5Reversal Level 447.41BuyBuySellSell

On the positive side, immediate resistance will be seen at 467.82. Closing above 467.82, Coal India share price will see a sharp breakout. Major resistance for Coal India share price will be seen at 477.03 for the week.

Trading range for Coal India share price for this week should be between 426.12 on down side and 488.67 on up side.

Coal India Previous Week High: 465.4

Coal India Previous Week Low: 444.55

Coal India Previous Week Range: 20.85 Points

Coal India share price support and resistance for the week (March 11, 2024 – March 15, 2024)

Level Type Value
Resistance 3 488.67
Resistance 2 477.03
Resistance 1 467.82
Support 1 446.97
Support 2 435.33
Support 3 426.12
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