COAL INDIA LTDShort
Coalindia
Coalindia closing 211.5.
Now ready to show the bearish move in the coming days the reason is close below 200 ema and now also volume is less and when break the 207 then come to the 195-190.
Selling Reason.
1 --> Price is now show some week moves.
2 --> Close below all EMA and also 200 EMA below Close.
3 --> RSI is also break the 40 level and show the bearish move.
4 --> ADX is show bearish move and -DMI is rising.
5 --> Volume is also selling volume and buyers not come.
Now ready to show the bearish move in the coming days the reason is close below 200 ema and now also volume is less and when break the 207 then come to the 195-190.
Selling Reason.
1 --> Price is now show some week moves.
2 --> Close below all EMA and also 200 EMA below Close.
3 --> RSI is also break the 40 level and show the bearish move.
4 --> ADX is show bearish move and -DMI is rising.
5 --> Volume is also selling volume and buyers not come.
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