COAL INDIA LTD
Diupdate

COALINDIA @285 support, Resistance:326

564
This chart & view was posted earlier, the target remains same.
Price will support at this trend line bottom &
the RSI is moving up in hourly chart.
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The analysis is posted in advance ,shows all the worries...
COALINDIA: ₹290  near to an year long trend line sup:₹285


cannot hold if it break below 285.... those who are newly watching my post, please look back and see the post.
todays i was expecting it to support here, as the hourly RSI was showing positive sign. But nothing will change the prime view posted earlier. will see sub 200 level now.
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At support first now grey line, with an RSI support.
MACD is in bearish zone, may correct down to bottom grey trend line.
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Dalal Street , the last resort for most of the stock.
it has broken the mid channel support. Next is 240 .
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going down
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Highly over sold state, a pullback towards 260 is possible now.
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completion of C is yet to be confirmed.
Next resixtance 290
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