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kalyanganguly

COALINDIA - Bullish Engulfing at resistance turned to support

Long
COAL INDIA LTD (NSE:COALINDIA)  
kalyanganguly  
NSE:COALINDIA   COAL INDIA LTD
Trend Analysis Chart Patterns Technical Indicators COALINDIA coalindianalysis coalindiabuy coalindiatechnicalanalysis coalindiaview coalindialong
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trendanalysis chartpattern indicator coalindia coalindianalysis coalindiabuy coalindiatechnicalanalysis coalindiaview coalindialong
Note: This is for educational purpose only. Please do not trade in F&O based on this.

There seems to be a bullish engulfing at resistance turned support. This seems like a pullback as the volumes reduced while price came down to support. Moreover, RSI is at 66 which indicates bullish momentum.

SL: ₹140.
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