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jayaprakash99

Can COALINDIA Glow from current Levels?

Long
COAL INDIA LTD (NSE:COALINDIA)  
jayaprakash99  
NSE:COALINDIA   COAL INDIA LTD
Trend Analysis Candlestick Analysis Support and Resistance COALINDIA coalindianalysis Morning Star Candlestick analysis Fibonacci Retracement nifty50
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5
trendanalysis candlestick supportandresistance coalindia coalindianalysis morningstar candlestickanalysis fibonacciretracement nifty50
COALINDIA has formed a Morning star pattern near its all-time low price levels. The volume is also expanded for the day, which is implying a bullish move from current levels. However, it might test the low of the previous major swing which is at around 120 levels. If it breaks that level, a good up move is implied. Else, it will be continuing its downward journey.

Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.

Happy Trading.
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