indiamarketoutlook
Long

Coal India: Previous Resistance now acting as Support... Bullish

NSE:COALINDIA   COAL INDIA LTD
Coal India
CMP 370.80


On charts we observe that level of 260 which acted as resistance for the stock back in July 2017 and in Sept 2017 has provided support in recent weeks...

T1 288

T2 302

T3 316

Stop loss 259


Take care and safe trading...!!!
Trade active: For those looking for Dividend Income, Coal India has given a Dividend yield of 7.37% for Financial year ending March 2017 and has excellent Dividend payout history.

It provides excellent Passive income potential opportunity (if it follows its Dividend payout history...)
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