Can COALINDIA Glow from current Levels? för NSE:COALINDIA av jayaprakash99

trendanalysis candlestick supportandresistance coalindia coalindianalysis morningstar candlestickanalysis fibonacciretracement nifty50

COALINDIA has formed a Morning star pattern near its all-time low price levels. The volume is also expanded for the day, which is implying a bullish move from current levels. However, it might test the low of the previous major swing which is at around 120 levels. If it breaks that level, a good up move is implied. Else, it will be continuing its downward journey.

Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.

Happy Trading.

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