TukkaNomist

Buy

Long
TukkaNomist Updated   
NSE:COALINDIA   COAL INDIA LTD
Range is contracting near the previous bottom. Price entered within the range twice but couldn't sustain and the bounced with minor volume. Volume has fallen gradually in last 8-12 sessions. RSI has bounced from the oversold position. Buy with SL below 123.80 for target of 172-180
I am overall bearish on this counter but this short-term bounce can't be rusled out.
Disc : it's not an investment advice to buy or sell
Trade closed: stop reached

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