COAL INDIA LTDLong
COALINDIA - Bullish Engulfing at resistance turned to support
Note: This is for educational purpose only. Please do not trade in F&O based on this.
There seems to be a bullish engulfing at resistance turned support. This seems like a pullback as the volumes reduced while price came down to support. Moreover, RSI is at 66 which indicates bullish momentum.
SL: ₹140.
There seems to be a bullish engulfing at resistance turned support. This seems like a pullback as the volumes reduced while price came down to support. Moreover, RSI is at 66 which indicates bullish momentum.
SL: ₹140.
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