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COALINDIAMARKET OUTLOOKSTOCK OUTLOOK

Coal India Outlook for the Week (May 20, 2024 – May 24, 2024)

Coal India
Coal India
Coal India closed the previous week on a negative note losing 8.48%.

Technically, Coal India share price will see immediate support at 444.97 and immediate resistance would be seen at 485.27.

If Coal India share price closes below immediate support of 444.97, then sharp breakdown can be seen. Coal India share price will see major support at 419.68 for the week.

On the positive side, immediate resistance will be seen at 485.27. Closing above 485.27, Coal India share price will see a sharp breakout. Major resistance for Coal India share price will be seen at 500.28 for the week.

Trading range for Coal India share price for this week should be between 404.67 on down side and 525.57 on up side.

Coal India Previous Week High: 475

Coal India Previous Week Low: 434.7

Coal India Previous Week Range: 40.3 Points

Coal India share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 525.57
Resistance 2 500.28
Resistance 1 485.27
Support 1 444.97
Support 2 419.68
Support 3 404.67
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{"buy_point":[{"en_ltd":"2024-05-15","en_sup_p_91":"459.17","en_sup_t_91":"444.15","prev_close":"448.70","en_close":"467.85","new_date":"May 15","prev_close_no":448},{"en_ltd":"2024-04-25","en_sup_p_91":"445.89","en_sup_t_91":"436.61","prev_close":"443.85","en_close":"452.45","new_date":"Apr 25","prev_close_no":443}],"sell_point":[{"en_ltd":"2024-05-09","en_sup_p_91":"450.65","en_sup_t_91":"470.90","prev_close":"464.45","en_close":"443.50","new_date":"May 9","prev_close_no":464},{"en_ltd":"2024-04-18","en_sup_p_91":"446.42","en_sup_t_91":"458.80","prev_close":"453.20","en_close":"438.60","new_date":"Apr 18","prev_close_no":453}]}

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