COAL INDIA LTD
Long

COALINDIA for long (Only for educational purpose)

A good supply/demand zone has broken. Previously this region acted as a good support many times(check weekly chart). Current price is above 50 and 20 ema on daily and weekly charts(200 ema is still above the price).Also a reverse head and shoulder like pattern can be seen(check weekly chart for clear view). If shown some good green candles with a good volume. Then we can expect for an up movement(Do your own analysis).

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