PrashantBhiwaniwala

Coal India Ltd - 14.06.2021

Long
NSE:COALINDIA   COAL INDIA LTD
Coal India Ltd - 14.06.2021

The stock has made an intraday low of 155.55 today breaching below the low of 156.65 (11.06.2021)

there is a macd bearish divergence which needs a confirmation when prices go below 155

there is a head & shoulder formation in daily chart with neckline @ 153 and low of head is 123

the macd bearish divergence will be void if the prices go above 167

watch out

THE COMPANY WILL POST IT''S RESULT TODAY
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.