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iChoco
Jan 8, 2023 7:22 PM

Support at COALINDIA Long

COAL INDIA LTDNSE

Description

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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