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deb22

COAL INDIA: Short based on S&R

Short
COAL INDIA LTD (NSE:COALINDIA)  
deb22 Updated   
NSE:COALINDIA   COAL INDIA LTD
Support and Resistance
3
0
supportandresistance
As it is at major resistance level
RSI is in the overbought region
MACD is also showing bearish crossover
We can expect a fall in next few trading sessions
Comment:
TARGET 1 reached, update STOP LOSS to 290
Comment:
TARGET 2 reached
update STOP LOSS to 288
Trade closed: stop reached:
STOP LOSS HIT,close the trade
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