COALINDIA Breakout Soon?The chart of COALINDIA's stock price shows that the stock has been finding support at a trendline for some time. The trendline is sloping upwards, indicating an uptrend.
COALINDIA could be poised for a breakout. A breakout occurs when the stock price moves above a resistance level, such as the supply zone. If COALINDIA can break above the supply zone and close above it, it could be a signal that the stock price is likely to continue rising in the short term.