iChoco

Support at COALINDIA

Long
NSE:COALINDIA   COAL INDIA LTD
As you can see from the chart COALINDIA is at its support of 210-205 range.
and the red line is 200 EMA @Daily TF, and the blue line is 50 EMA @Weekly TF.
The RSI indicator is also in oversold territory .

It might be a good long opportunity.

Entry - 210
Target - At least twice of the risk. (234)
SL - 198

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